(A) No building permit shall be issued for any unsubdivided property or for any lot in a subdivided property or for any lot in a subdivision until all of the streets in the unsubdivided area or in the subdivision are completed.
(B) The provisions of division (A) shall not apply if the developer posts a bond in favor of the city in an amount equal to the estimated cost of completing the streets. The bond shall be underwritten by a surety company authorized to do business in the state.
(1983 Code, § 6-30) (Ord. 2561, passed 5-10-1990)