The approval of the site plan shall, where facilities are dedicated to the city, be made only pursuant to certification of adequacy of the following list of required submittals by the City Engineer or City Attorney, as appropriate.
   (A)   Bonds.
      (1)   The approval of any site plan shall be subject to the applicant guaranteeing the installation and maintenance of the required improvements, where these facilities are to be conveyed or dedicated to the city, by filing a performance bond or bonds executed by an approved surety company authorized to do business in the State of Florida in the amount of 110% of the construction costs. Costs for construction shall be estimated by the applicant’s engineer, and a copy of the contracts may be requested by the city. The amounts of the performance and maintenance bond must be approved as adequate by the City Engineer. In lieu of performance bonding, improvements may be installed following site plan approval and preceding the issuance of the building permit, subject to the approval of the City Engineer. In all cases where public improvements are installed prior to issuance of the building permit, a maintenance bond must be submitted to and accepted by the city. A completed maintenance bond form shall be submitted when utilizing a cashier’s check or certified check as the form of guaranty in lieu of surety. A certificate of occupancy cannot be issued until the maintenance bond is approved and accepted by the city.
      (2)   Bond requirements may be met by the following, but not be limited to:
         (a)   Escrow deposit, cashier’s check or certified check.
         (b)   Irrevocable letters of credit (subject to the approval of the Finance Director) may be substituted for a performance bond.
   (B)   Title certificate. A certificate of ownership signed by a licensed attorney-at- law or a title company licensed to do business in the state shall be required when property is conveyed to the city, in a form approved by the City Attorney, and showing:
      (1)   Parties executing site plan are owners of the land embraced by the site.
      (2)   All mortgages, liens, or other encumbrances are released.
      (3)   That all taxes and assessments are paid to date.
      (4)   Description of site is correct.
      (5) No conflicting rights-of-way, easements, or site plans exist.
(Ord. 241, passed 11-27-85; Am. Ord. 651, passed 7-1-93; Am. Ord. 1642, passed 6-17-22)