The agreement to complete required improvements shall contain such stipulations as may be required to assure completion of the subdivision in accordance with the requirements of the City. Such stipulations shall specify that the subdivider shall complete the improved work within twelve (12) months and provide that if he/she fails to complete such work within such period, the City may complete the same and recover the full cost and expense thereof from the subdivider. The agreements shall provide for inspection of all improvements by the City. The form and content of such agreement shall be approved by the City Attorney.
The improvement agreement shall be secured by a bond or security in the amount, type, form and content as set forth in this Chapter. (Ord. 527, 8-4-1997)