(A) Generally. Improvements shall be provided as follows.
(1) Streets. Streets shall be graded to the full width and in conformance with the approved cross-sections and profiles. The pavement base and surface shall be appropriate to the type of development and use contemplated. All streets shall be constructed in accordance with specifications and standards of the Highway Department.
(2) Drainage. A drainage system shall be provided to ensure adequate drainage of surface and stormwater. The system shall be constructed and installed in accordance with plans and specifications approved by the Town Council.
(3) Water supply. Where a public water supply is reasonably accessible, the subdivider shall connect with the public supply and shall provide water mains and a suitable water connection at each lot.
(4) Sanitary sewers. Where a public sanitary sewerage system is reasonably accessible the subdivider shall connect therewith and shall provide a connection for each lot.
(5) Other improvements. Curbs and gutters and sidewalks shall be installed in subdivisions where warranted by the type and density of development. Fire hydrants shall be installed where a central water system is provided. In subdivisions where new streets are created, street name signs shall be installed. Said improvements, when required, shall conform to specifications of the Highway Department and Town Council.
(B) Performance bond. The cost of all improvements required by the provisions of this section shall be paid by the subdivider, or as much thereof as the Council shall direct. If the actual installation of improvements is not completed prior to the filing of an application for final plat approval, the subdivider shall executive an agreement and post a bond with surety or other guarantee satisfaction to the Council and in an amount equal to or greater than the estimated cost of the uncompleted improvements. The Council may require that the bond or other guarantee be greater than the estimated cost of improvements to allow for inflationary cost increases.
(1996 Code, § 143-14)