(a) Every developer shall post cash or a surety bond or other performance guarantee with the Finance Director, on all underground work (sewers, water and necessary utilities), all sitework and street construction equal to one hundred ten percent (110%) of the estimated costs as determined by the City Engineer and a similar bond equal to the landscaper's estimate approved by the Zoning Administrator for all landscaping. Landscaping shall consist of planting trees, shrubbery, screening, fencing, walks, walk lighting and all other site elements including outdoor recreation facilities as proposed and as approved by the Planning Commission.
(b) Every developer shall post cash or a surety bond with the Director of Finance, for the maintenance of the developments sewers, water, storm water control, and street improvements for a three (3) year period from the date of final acceptance by the Director of Public Service in the amount of one hundred (100%) percent of the replacement cost as estimated by the City Engineer. (1230.11)
(Ord. 2010-059. Passed 3-7-11.)