§ 50.02 ACCEPTANCE OF DEDICATED PROJECTS AND CONSTRUCTED STREETS.
   (A)   No dedicated water or wastewater project shall be accepted by the town until the developer/ builder thereof has complied with the terms and conditions of the Guide and any and all other legal standards arising from the county’s Zoning Ordinance, the county’s Subdivision Ordinance or other applicable law.
   (B)   At a minimum, to secure acceptance by the town, the developer/builder must have performed or completed the following.
      (1)   If a subdivision is involved, the developer/builder must have secured both primary and secondary approval of the plat for the subdivision.
      (2)   The final plat, as approved by the Plan Commission, must be properly filed and recorded in the County Recorder’s and Auditor’s offices.
      (3)   All inspections contemplated by the Guide must have been undertaken and completed, and final approval by the town’s Superintendent of Public Works must be at hand.
      (4)   All drainage arrangements or systems contemplated by the Guide, the county’s street standards, the plat of the subdivision and applicable state law shall be completed by the developer/ builder.
      (5)   The maintenance bond contemplated by the Guide must be in appropriate form and on file with the Town Council. The amount of the maintenance bond shall be equal to 10% of the contract price for the items to be dedicated to the town and shall be effective for a period of three years from the date of acceptance.
      (6)   A written request for the acceptance must be filed with the Town Council; as part of such written request, the builder/developer must certify, under oath, that each of the requirements herein stated have been completed.
      (7)   A written certification executed by a professional engineer licensed pursuant to I.C. 25-31 et seq. must be filed with the Town Council certifying that construction review and inspection services have been performed and that the project in question, including any utilities, have been designed, constructed and tested in accordance with the requirements of the Guide.