No certificate of occupancy shall be issued until and unless water and sewer connections are completed to the satisfaction of the City Water and Sewer Supervisor, and all improvements required by the development approval are completed. However, completion of improvements may be deferred, provided a security agreement is executed according to requirements of section 11-1-10 of this Code and a surety bond equal to one hundred fifty percent (150%) of the cost of completing the work is posted with the City. The certificate of occupancy may be revoked if the water and/or sewer service is disconnected or unavailable. Issuance of a certificate of occupancy shall not be construed to warrant or otherwise represent any opinion as to the quality of construction of any structure, suitability of any structure for any purpose, or the existence or reliability of any utility. (Ord. 847, 8-17-2009)