1177.09 BOND OR PETITION IN LIEU OF IMPROVEMENTS.
   In lieu of the installation of the above improvements prior to the appropriation and rewarding of the final plat, the subdivider may:
   (a)    Post a surety bond or escrow agreement or letter of credit as provided for in Chapter 905 of the Streets, Utilities and Public Services Code, and otherwise fully comply with the provisions of that chapter. No surety bond or escrow agreement or letter of credit shall be released until all requirements of Chapter 905 have been met.
      (Ord. 175-1995. Passed 9-25-95.)
   (b)    In any C or M District, file with Council a petition and waiver of objection in a form approved by the Director of Law signed by all of the owners of the lots and lands bounding and abutting the street, alley or way requesting that the required improvements be performed, constructed or installed and the cost thereof assessed against the abutting property in accordance with the provisions of Ohio R.C. 727.06. Any subdivider proceeding under this subsection shall also fully comply with the provisions of Chapter 905.
      (Ord. 164-1984. Passed 1-28-85.)