1113.16 STREET MAINTENANCE.
The developer shall guarantee the construction and materials of the street improvements to the City for a two year period from the date of acceptance by the City, and, in order to secure the guarantee, the developer shall deposit an amount equal to three percent of the total cost of the construction of all street improvements in a maintenance fund and provide the City with certificates or other evidence that such fund is maintained by an acceptable escrow agent, subject to approval by the City Engineer and Law Director.
(Ord. 2013-23. Passed 12-10-13.)