The applicant shall be required to file with the village a faithful performance bond or bonds, letter of credit, or other improvement security satisfactory to the Municipal Attorney, in an amount equal to 110% of all costs of improvements, landscaping, maintenance of and landscaping for such period as specified by the village and engineering and inspection costs to cover the cost of failure or repair of improvements installed on the site.
(2000 Code, § 154.19) (Ord. 1141, passed 5-17-1982)