(A) Each final plat submitted to the Board of Commissioners shall be accompanied by one of the following:
(1) A certificate that all improvements and their installations have been completed in accordance with specifications set out in this subchapter. (On-site inspection shall be required before the Plan Commission hearing); and
(2) A bond or certificate of funds in escrow or irrevocable letter of credit (Ordinance 89-5 dated April 29, 1985) that:
(a) Runs to the county;
(b) Is in an amount set by the Plan Commission sufficient to complete the improvements and their installation in compliance with this subchapter;
(c) Is with surety by a company licensed to do business in the state; and
(d) Specifies a completion date for said improvements.
(B) The county shall have the authority to move against said bond or certificate of funds in escrow in the event said improvements and these installations have not been met by the specified completion date. Any funds received from said bond or certificate funds in escrow shall be used to complete the improvements and their installation. Release of bond or other financial security noted above shall be approved by the Plan Commission only after a thorough inspection and written report(s) verifying that all improvements have been made pursuant to the plat approval submitted by the Planning Department, County Highway Superintendent, County Health Department or other applicable public/governmental agency.
(BC Ord. passed 1-22-2003; BC Ord. passed 3-26-2003)