(a) Methods to be Followed. After approval of the Preliminary Plan, the subdivider shall install the required improvements under the supervision of the Commission Engineer. The subdivider may elect to carry out minimum improvements by any of the following methods:
(1) By installing the required improvements, and obtaining from the Municipality, a certificate stating that all improvements have been installed in accordance with the standards and specifications contained in this article.
(2) By posting with the Commission, a certified check or bond running to the Municipality in the amount sufficient to cover the full cost of installing the required improvements as estimated by the Commission Engineer. In case of a bond filed, it shall also:
A. Be with surety satisfactory to the Commission.
B. Specify the time for the completion of the improvements and installations, such time to be satisfactory with the Commission.
(b) Maintenance Bond. In submitting the Final Plan to the Commission, the subdivider shall submit a maintenance bond to guarantee maintenance and repair of the streets in the subdivision for one year after the construction thereof has been approved by the Commission Engineer, and acceptance of improvements has been consummated by the Municipality.
(Ord. 1-79. Passed 6-18-79.)