To assure the construction and installation of improvements required by these Subdivision Regulations, the subdivider shall execute a construction agreement in form and substance as determined by the Development Engineer and approved by the City's Law Director. This agreement shall provide that all such improvements shall be constructed and installed at the subdivider's expense in compliance with the standards and specifications for each of the various types of improvements; that such improvements shall be available to and for the benefit of the lands within such subdivision; and that such improvements will be completed and installed within twenty-four months of the date of conditional approval of the final plat.
The construction agreement shall further provide that in a case where approval of a final plat has been given before construction of improvements, and a performance guarantee has been provided, and the improvements are not completed within the specified time, the City, upon proper notice, may complete the improvements and recover the full costs and expenses thereof from the subdivider and may appropriate such portion of the money or bonds posted for faithful performance of such work.
No construction of any improvements or clearing, grubbing and grading shall be commenced prior to the approval of the construction agreement by the City.
(Ord. 2381. Passed 11-22-93.)