The maximum period for completion of a Performance Agreement shall be two (2) years, or such other period as specified in the Performance Agreement and determined appropriate for the subject project by the City Engineer/Planning Director or designee. If the subject project is not completed within the specified timeframe, City Council may require adjustment of the bond amount, after consideration and review by the City Engineer/Planning Director or designee, as a condition to extension of the Performance Agreement.
(Ord. 2022-13. Passed 11-10-22.)