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PLANS OF IMPROVEMENTS
PERFORMANCE BONDS
In the interest of good development and to protect the taxpayers and future purchasers of residential, commercial and industrial properties, it shall be the policy of the City Council to require that all required improvements be improved to the degree stated in this chapter prior to acceptance and recording of the final plat and the building of structures thereon.
(Prior Code, § 48-221)
The City Council may accept a final plat for recording where the owner of the platted subdivision furnishes a certified check or surety bond acceptable to the City Council in sufficient amount to cover the completion of all work to be performed in accordance with the provisions of this chapter.
(Prior Code, § 48-222)
The amount of the certified check or surety bond acceptable under this subchapter shall be determined by the City Engineer, and the stipulated period covered by the bond shall in general be for a period of 1 year. In no case, however, shall the period of performance bonds exceed 2 years.
(Prior Code, § 48-223)
VARIANCES
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