After receiving notice from the Clerk of Council that the preliminary plan has been approved by Council, the subdivider may then proceed to prepare and file with the Building Commissioner:
(a) Copies of the final plat of the subdivision as required and specified herein;
(b) Street cross-sections, profiles, specifications and other construction drawings for the installation of the required public improvements;
(c) Inspection fees as hereinafter set forth;
(d) Title insurance in the amount of one thousand dollars ($1,000), meeting the approval of the Law Director, covering the lands to be dedicated and showing the title to such dedicated streets or land good in the name of the Municipality;
(e) The construction agreement, performance bond and maintenance bond as required and specified below:
(1) Should it not be desirable or possible for the subdivider to do all work herein required to place the streets and other improvements in an acceptable condition prior to the submission of the final plat to the Commission for approval, then such final plat may nevertheless by approved, provided that a construction agreement, performance bond and maintenance bond acceptable to the Law Director is given for the purpose of assuring the installation of such improvements deemed by the Commission to be necessary and appropriate in the public interest. The amount of such performance guarantee shall be sufficient to cover the cost of all improvements or uncompleted portions thereof, based on an estimate furnished or acceptable to the Engineer and satisfactory to the Law Director. Such performance agreement and security may be made under such conditions and time limitations as the City may determine; or
(2) In the event the subdivider desires to complete the required improvements or a part thereof before seeking final plat approval, he must prepare and file with the Building Commissioner all of the above-listed plat requirements including the execution of the construction agreement but the subdivider need not post the performance bond. Construction under this latter procedure shall be withheld until after the Planning Commission and Council have reviewed all of these required final plat documents and has formally authorized the subdivider to construct and install the improvements subject to further certification by the Engineer and final plat approval set forth in Section 1109.03
. Upon completion of the streets and other required improvements, application may be made to the Engineer for certification that all such improvements as specified in the agreement have been satisfactorily installed.
(Ord. 120-91. Passed 8-9-93.)