When the improvements within a proposed public street or within an existing public street do not conform to the standards and specifications as adopted by the City for the construction of public streets, curbs, gutters, sidewalks, street lights, water mains, storm sewers, sanitary sewers, and other utility mains, piping and other facilities, the City may require complete or partial installation of such improvements and may make such installations a condition precedent to the sale or lease of lots in such subdivisions or the issuance of a building permit for the improvements of such lot or lots thereon, and, further, may require, in lieu of actual construction, a performance bond or other guarantee of security for the purpose of assuring the installation of such improvements deemed necessary or appropriate in the public interest.
(Ord. 120-91. Passed 8-9-93.)