10-6-4: GUARANTEE OF COMMON OPEN SPACE IMPROVEMENTS:
As assurance of completion of common open space improvements, the developer, at the request of the governing body, shall be required to file with the city a surety or cash bond, or other agreement, in a form satisfactory to the city attorney, guaranteeing such completion within two (2) years after such filing. Upon completion of the improvements for which a surety or cash bond or other agreement has been filed, the developer shall call for inspection by the planning and zoning commission, such inspection to be made within fifteen (15) days from the date of request. If inspection shows that landscaping and construction have been completed in compliance with the approved plan, the bonds or surety therefor shall be released. If the bonds or surety are not released, refusal to release and the reasons therefor shall be given the developer, in writing. (Ord. 09-03, 5-19-2009)