1111.05 DEPOSIT FOR TEMPORARY ROADWAY.
   (a)   After the underground improvements have been completely installed, the applicant or developer shall install a portion of the pavement. For flexible pavements, the geo-grid, aggregate base, bituminous aggregate base, and asphalt intermediate course shall be installed to serve as temporary pavement. All areas of pavement and subgrade failure shall be replaced full depth prior to placement of the asphalt wearing course. For rigid pavement systems, the proposed permanent pavement shall also serve as the temporary road. The applicant or developer shall make any necessary repairs to the concrete pavement prior to acceptance by the City Engineer.
 
   (b)   A fund, fixed in amount by the Engineer, shall be deposited by the applicant or developer with the City to guarantee installation and maintenance of the temporary roadway until, in the opinion of the Engineer, the permanent pavement can be safely installed.
 
   (c)   No building permits shall be issued for construction of any improvements (other than streets, landscaping, utilities and storm water management controls) or any structures in such development unless and until the road has been approved by the City Engineer and all improvements have been constructed, other than the topcoat when the City Engineer determines that it is in the best long term interest of such street to delay the installation of the topcoat, in which event a Performance Bond in an amount equal to one hundred and twenty-five percent (125%) of the Engineer’s estimate to install the topcoat is provided to the City in such form as approved by the Law Director and a Maintenance Bond for all improvements for such development are also deposited with the City in a form acceptable to the Law Director. Alternatively, when approved by City Council, a Letter of Credit issued by a federally insured depository institution, in a form approved by the Law Director, and in an amount approved by the City Engineer may be deposited in lieu of installing all such improvements, and building permits may issue when the City Engineer certifies to the Building Department that the Developer has constructed a sufficient amount of the subdivision improvements in accordance with all applicable regulations and building permits may issue without adversely affecting the health, safety and welfare of the inhabitants and businesses within the City.
(Ord. 162-1961. Passed 12-11-61.)