(A) All improvements required herein shall be constructed prior to the acceptance of the final plat by the Planning Commission; or the developer shall furnish the Commission with a performance guarantee in favor of the village for the amount of the estimated construction cost for the ultimate installation and initial maintenance of the improvements, plus 20%, as determined by Planning Commission.
(B) The developer shall pay 100% of the cost of all improvements therein, including the cost of engineering necessary for inspection and testing of the entire project and of other pertinent expenses.
(C) The village requires that plans be drawn, including specifications for material and equipment to be incorporated in the work, all in accordance with its standards and specifications. All improvements shall be installed, tested, and sterilized, where applicable, under the immediate and direct supervision of the village or its designated representative.
(D) At the time that plans are approved, the developer shall be required to submit a construction time schedule, a construction cost estimate certified by the developer’s engineer, and a material specification list itemizing the material type, supplier, and manufacturer.
(E) The village’s engineering representative shall determine that the material proposed for use meets the standards specified herein. The village’s engineering representative shall estimate the inspection fees based on the developer’s construction cost estimate and time schedule and notify the developer and responsible authority accordingly. Prior to final plan approval and initiation of any construction, the developer shall provide a performance guarantee to the Clerk of Council in the amount specified by the village’s engineering representative to be held in escrow for village inspection/testing services and other applicable expenses.
(F) The developer shall notify the village and the village’s engineering representative 72 hours minimum in advance of the date on which construction is to commence so inspection and testing services may be appropriately scheduled.
(G) All provisions of the current village construction standards and specifications shall be strictly complied with in the construction of improvements or appurtenances thereto. Under no conditions shall the village accept an improvement and connect it to the village system unless the work has been done in accordance with these standards, including plan preparation, furnishing of materials, and installation under the direct supervision of the village or its authorized representative.
(H) The developer is cautioned that, unless otherwise specifically authorized in writing, operation of village water system valves, hydrants, or other appurtenances or removal of any system pipe, fittings, special services, or appurtenances is not permitted by other than village personnel. The contractor is required, upon completion of all improvements, to furnish all equipment, supplies, and labor necessary to pressure test and sterilize utility improvements in accordance with village specifications.
(I) Upon an approved pressure and sterilization test report and the receipt of a one year maintenance guarantee in an amount equal to 50% of the certified construction cost estimate, the utility shall be certified for service taps.
(J) After receipt of “record” or “as built” tracings and electronic CADD drawings, any excess monies deposited by the developer to cover village expenses shall be refunded and any additional costs over and above the estimated deposit shall be invoiced to and paid by the developer before utilities are certified for service taps.
(Ord. 1235, passed 7-16-2002)