A building permit may be issued and construction started after the completion of the underground utilities. If a temporary pavement is constructed, a temporary certificate of occupancy including a statement that the City is not liable for maintenance of such improvements may be issued, provided the developer furnishes a cash bond in an amount required by the City guaranteeing that all streets shall be maintained in a passable and reasonable condition until such time as the final pavement is completed and accepted for use and maintenance as set forth in Section 1167.08(a).