§ 151.30 GUARANTEE OF IMPROVEMENT INSTALLATION.
   (A)   Except as provided in § 151.38, no plat of any subdivision in the city shall be approved by the planning commission pursuant to R.C. § 711.09 or any other section of the Ohio Revised Code until there have been submitted to the commission plans and specifications for the improvements, hereinafter set forth in §§ 151.31 through 151.37, to be made to the platted land, and until the improvements have been made or a performance agreement and bond given to secure their construction within such reasonable time as shall be determined by the commission.
   (B)   The owner or developer shall, prior to beginning construction, deposit with the city clerk a sum of money as prescribed by the service director to defray the cost of inspection and whatever engineering services may be required, and expenses incurred by the city in the installation of the improvements. Should the amount of the deposit be insufficient to pay the cost thereof, the subdivider shall immediately, upon demand, deposit such additional sums as are estimated by the service director to be necessary. Upon completion and acceptance of the improvement, any unexpended balance remaining from the deposit shall be refunded.
(Ord. 16-1965, passed 6-22-65) Penalty, see § 151.99