(A) (1) At the completion of the work, the subdivider shall submit to the town one copy of a written notice of completion, copies of lien releases from all suppliers of materials and subcontractors, and a request for release.
(2) Following receipt of the notice and request, the Town Engineer shall make a preliminary inspection of the improvements, and shall submit a report to the Town Council setting forth the condition of such facilities.
(B) If the condition of said improvements are found to be satisfactory and all liens are paid, the Council shall act to accept the improvements and authorize release of the guarantee, less a hold back of 10% of the total amount, which amount shall be retained as a warranty guarantee.
(C) If the condition of material or workmanship shown unusual depreciation or does not comply with the acceptable standards of durability, or if there are any outstanding liens, or if any other terms of the guarantee have not been satisfied, the matter shall be referred to the Town Council for subsequent action to secure performance.
(Ord. 02-01-2021 SD, passed - -2021)