§ 150.064 LANDSCAPE ESCROW.
   (A)   All frontage trees required by the Peotone Subdivision Ordinance must be planted at the time of issuance of a Certificate of Occupancy and all front and side lawns must be sodded and all rear yards seeded or sodded within nine months of the issuance of a Certificate of Occupancy. The applicant must deposit a landscape escrow with the village if the landscaping is not complete at the time of occupancy. The amount of the escrow shall be determined by the Village Engineer.
   (B)   It shall be the responsibility of the applicant to request a refund of the landscape escrow fund amount, and if no such request is received within three years from the date the deposit was made, then the village shall be entitled to use any amount remaining in the landscape escrow for general corporate purposes.
(Ord. 06-18, passed 12-26-06)
Editor’s note:
   The provisions of this section shall be in effect for all building permits issued on or after February 1, 2007.