A. Authorization To Install Improvements: The approval of the preliminary plat shall constitute authorization by the governing body for the installation of improvements as required by this title, and as shown on the preliminary plat; provided no such improvement shall be constructed or installed until and unless the plans, profiles, cross sections, and specifications for the construction of such improvement have been submitted to, and approved in writing by, the city engineer and all necessary permits have been issued from the appropriate state and federal agencies (i.e., Iowa department of natural resources).
B. Transfer Of Lots Without Constructing Improvements: In the event the subdivider, its assigns or successors in interest, should transfer lots in a subdivision without having constructed or installed the pavement, water mains, sanitary sewer, storm sewers, sidewalks, or other public improvements, the city shall have the right to install and construct such improvements and the costs of such improvements shall be a lien and charge against all the lots adjacent to or in front of which the improvements are made and lots which may be assessed for improvements under the provisions of Iowa Code chapter 384. The cost of such improvements need not meet the requirements of notice, benefit or value as provided by state law for assessing such improvements. In addition, the requirement to construct such improvements is, and shall remain, a lien on all property located within the subdivision until properly released by the city.
C. Completion And Acceptance Of Improvements: Before the governing body will approve the final plat, all of the foregoing improvements shall be constructed and accepted by formal resolution of the city council. Before passage of said resolution of acceptance, the city engineer shall report that said improvements meet all city specifications and ordinances or other city requirements, and the agreements between the subdivider and the city.
D. Performance Bond Permitted: In lieu of the requirement that improvements be completed prior to the approval of a final plat, the subdivider may post a performance bond with the city, guaranteeing that improvements not completed shall be completed within a period of two (2) years from the date of approval of such final plat; but such approval of the plat shall not constitute final acceptance of any improvements to be constructed. Improvements will be accepted only after their construction has been completed. (Ord. 94-90, 3-8-1994, eff. 3-8-1994)