Before any applicable approval permit is issued for any construction plan, site plan, or plat that will involve the construction or installation of streets, utilities, or other infrastructure that is intended to be dedicated to the Village of Hebron, the Village Administrator, Village Engineer, Community Development Coordinator, and/or the Planning and Zoning Board will specify the required bonds, deposits and insurance policies that will be provided by the developer or subdivider. Such bonds, deposits and insurance policies will be of sufficient value to assure a timely and adequate completion of the portion or related portions of the project that are intended to be dedicated to the Village of Hebron. Said financial instrument will be presented to the Fiscal Officer. The Community Development Coordinator will provide copies of the bonds, deposits and insurance policies to the Board, Council and Village Solicitor before final approval of the project.
(Ord. 19-20. Passed 11-4-20.)