§ 81.203 PERFORMANCE BOND
   (A)   No final approval shall be given by the Planning Commission to any such subdivision plat of more than three (3) lots or development plan until a performance bond has been given to insure proper installation of landscape materials not already installed, with complete cost of all work certified by a landscape contractor, with the bond amount to include the accurate cost plus no more than twenty-five percent (25%) and the bond to be release upon satisfactory completion of the work as determined by the body approving the plan. The bond shall run to the Planning Commission and to the city where the area involved is located, or, if outside the city, to Bourbon County.
   (B)   Waiver of plan and issuance of building permit. The Planning Commission, in its discretion, may waive the requirement that a landscape plan be presented and approved before final plat approval; provided, however, that in all instances where landscaping is required by this chapter, no building permit shall be issued until the required landscaping plan has been submitted and approved and the bond required by subsection (A) posted; and, no occupancy permit or certificate of zoning compliance shall be issued until the landscaping is completed, as certified by an on-site inspection by the enforcement officer. It shall be unlawful to occupy any premise unless the required landscaping is installed, or bond or irrevocable letter of credit posted, in accordance with these requirements.
(Ord. passed 1-9-73; Am. Ord. passed 7-20-76, § 7)