(a) To assure construction and installation of improvements required by these Subdivision Regulations, the subdivider shall execute a construction agreement with the Safety-Service Director in form and substance approved by the Law Director. This agreement shall provide that all such improvements shall be constructed and installed at the subdivider's expense in compliance with the standards and specifications for each of the various types of improvements; such improvements shall be available to and for the benefit of the lands within such subdivision; that such improvement will be completed and installed within two years of the date of approval of the final plat. Any further provisions that the Law Director may deem necessary in the public interest may be added.
(b) The construction agreement shall further provide that, in the case where approval of the final plat has been given before construction of improvement and a performance guarantee has been provided and if the improvements are not completed within the specified time, the City, upon proper notice, may complete the improvements and recover full costs and expenses thereof from the subdivider and may appropriate such portion of money or bonds posted for the faithful performance of such works.
(Ord. 1978-4. Passed 3-6-78.)