A. Performance Bonds: Any improvements required under this title by the Planning Commission, including, but not limited to, curb, gutter and sidewalk, fences, landscaping, streets, utility lines, parking and flood control requirements shall be satisfactorily installed prior to the final electrical inspection approval of the premises by the building inspector or, if no electrical inspection is required, prior to the issuance of any occupancy permit for the land being developed. In lieu of actual completion of such improvements prior to the final electrical inspection approval or occupancy permit, a developer may file with the County Commission, when applicable, a cash or surety bond or escrow agreement in an amount specified by the County Commission to ensure completion of such improvements within one (1) year. The bond or agreement shall be approved by the County engineer and County Attorney. Upon completion of the improvements for which a bond or escrow agreement has been filed, the developer shall call for inspections of the improvements by the building inspector.
B. Release: If the inspection shows the County standards and specifications have been met in the completion of such improvements, the bond or agreement shall be released within seven (7) days from the time of inspection. If the bond agreement is not released, refusal to release and the reasons therefor shall be given to the developer in writing within seven (7) days from the time of the inspection. The bond or agreement may be partially released based on the percentage of completion of the required improvements.
C. Exception: If the County Commission determines that the issuance of a final electrical inspection approval or occupancy permit prior to completion of any required improvements may be injurious to the health, safety or welfare of the County or its inhabitants, it may refuse to accept a bond or escrow agreement in lieu of actual completion of required improvements or may limit a bond or escrow agreement to a period of less than one (1) year. (Ord. 17-16, 7-26-2017)