1121.07 ASSURANCE OF COMPLETION OF IMPROVEMENTS.

   No lot, proposed lot or parcel of land which is subject to these regulations shall be sold or leased nor shall there be any building permit issued for the improvement of such lot or parcel of land until the improvements required by the Subdivision Code, or assurance of their completion have been completed. The assurance of completion of improvements shall be satisfied by the furnishing of a performance bond or other guarantee.

(Ord. 64-222. Passed 9-15-64.)