Secondary approval of the subdivision plat may be granted to a plat for subdivision in which the improvements and installments have not been completed and accepted as required by the subdivision control ordinance, if:
(A) The applicant provides a bond or other proof of financial responsibility such as a letter of credit that:
(1) Is an amount determined by the Commission be sufficient to complete the improvements and installations in compliance with the regulations; and
(2) Provides surety satisfactory to the Commission.
(B) With respect to the installation or extension of water, sewer, or other utility service:
(1) The applicant shows by written evidence that it has entered into a contract with the political subdivision or utility providing the service and installation; and
(2) The Commission determines based on written evidence that the contract provides satisfactory assurance that the service will be installed or extended in compliance with the subdivision control regulations.
(Prior Code, § 155.107) (Ord. 0-98-0026, passed 12-21-1998) Penalty, see § 155.999