(A) As a condition precedent to approval of any precise development plan, the Town Council shall require the applicant to furnish a completion bond, or the cash equivalent, in an amount deemed sufficient by the Town Engineer to cover the cost of public improvements, common areas, incidental expenses, and to cover replacement and repair of existing streets and other improvements damaged in the development of the unit.
(B) All public improvements shall be constructed in accordance with the standard specifications of the town.
(Prior Code, § 17.58.140) (Ord. 352, passed - -1973)