With respect to financial guarantees, the approval of all final subdivision plats shall be conditioned on the accomplishment of one of the following.
(A) The construction of improvements required by this chapter shall have been completed by the developer and approved by the Commission.
(B) Surety acceptable to the Commission shall have been filed in the form of a cash deposit, certified check, cashier’s check, irrevocable bank letter of credit, or surety bond, in an amount equal to 110% of the estimated cost of the improvements as determined by the county or Commission.
(Ord. 95-3, passed 9-25-1995)