(a) Upon approval of the Storm Water Management Plan, but before the issuance of a building permit or subdivision plat approval, the City Engineer shall require the applicant to post cash escrow, certified check or other acceptable form of performance security in an amount to be determined by the City Engineer and approved by Council to ensure the execution of the plan. After determination by the City Engineer that all facilities are constructed in compliance with the approved plan, the performance security shall be released.
(b) A maintenance agreement, approved by Council assuring perpetual maintenance and expansion of storm water management improvements shall be executed by the City and the applicant.
(c) A fee shall be charged to review the Storm Water Management Plan which shall be determined by the City administration. The fee shall be paid on or before the issuance of either a zoning certificate or building permit.
(Ord. 03-2004. Passed 7-13-04.)