A. Subdivision regulations may include requirements as to the extent to which and the manner in which the streets of the subdivision shall be graded and improved, and water, sewer and other utility mains, piping, connections or other facilities shall be installed as a condition precedent to the approval of the subdivision. The regulations may provide for the tentative approval of the plat previous to such improvements and installation; but any such tentative approval shall not be entered on the plat.
B. Subdivision regulations may provide that, in lieu of the completion of such work and installations prior to the final approval of a plat, the city council may accept bond or other financial guaranty, in an amount and with surety and conditions satisfactory to it, providing for and securing to the city the actual construction and installation of improvements and utilities within a period specified by the city council and expressed in the bond; and the city is granted the power to enforce the bonds or other financial guaranties by all appropriate legal and equitable remedies.
C. Subdivision regulations may provide, in lieu of the completion of such work and installations previous to the final approval of a plat, for an assessment or other method whereby the city is put in an assured position to do the work and make the installations at the cost of the owners of the property within the subdivision. (Ord. 556 (part), 2002)