"Performance bond or surety bond" means an agreement by a subdivider or developer with the City of Fairborn or other applicable government agency having jurisdiction for the amount of the estimated construction cost guaranteeing the completion of physical improvements according to plans and specifications within the time prescribed by the subdivider's agreement.
(Ord. 7-77. Passed 4-18-77.)
(Ord. 7-77. Passed 4-18-77.)