(A) The subdivider shall be required to pay for only that part of the construction costs for the arterial streets, trunk sewers, or water lines which are serving the proposed subdivision as determined by the Village Engineer. The village shall pay the difference between the cost of required improvements for the proposed subdivision and improvements required to service the surrounding areas. Such costs shall be limited to engineering, bidding, inspection, testing, and construction associated with any requested/required oversizing of utilities. A written agreement shall be drafted between the owner(s)/developer(s) of the subdivision and the village prior to final approval of construction drawings. The agreement shall further define the responsibilities of each party involved with any oversizing.
(B) Easement acquisition and recordation necessary for the installation of any utility required for and intended to serve the proposed subdivision shall be the responsibility of owner(s)/developer(s) of the subdivision.
(Prior Code, § 1252.09) (Ord. 2000-9, passed 9-11-2000) Penalty, see § 153.999