The guarantee of completion of public improvements, to be executed prior to recording of a final plat of subdivision, shall also provide for repair of damages and abatement of nuisances with respect to existing and subsequently installed landscaping, streets, lighting, water and sanitary sewerage facilities, culverts, catch basins and/or storm sewers. The damage and nuisance guarantee herein referred to shall be in the total of 5% of the construction cost of the new public improvements and shall be provided by cash escrow agreement, letter of credit or surety bond as provided in § 154.070 through 154.078 upon commencement of land development.
(Ord. 25-89, passed 9-25-89; Am. Ord. 03-97, passed 2-24-97)