(a) To insure compliance with the Zoning Ordinance or certain physical site improvements conditioned as a contingency to securing a site plan approval or variance, the City of Rossford shall require any one of the following:
(1) A cash deposit in the amount of ten percent (10%) of the total improvement value, to be deposited with the City of Rossford.
(2) A certified check, or irrevocable bank letter of credit acceptable to the City of Rossford, in the amount of ten percent (10%) of the total improvement value, to be deposited with the City of Rossford.
(3) A performance guarantee bond equal to one hundred percent (100%) of the total improvement value.
(b) As used in this section, improvements shall mean those features and actions associated with a project which are considered by the City of Rossford to protect natural resources, or the health, safety and welfare of the residents in the City of Rossford, and future users or inhabitants of the proposed project or project area including roadways, lighting, landscaping, utilities, sidewalks, screening, and drainage. Improvements do not include the entire project which is the subject of the site plan approval. The performance guarantee shall be deposited at the time of issuance of the zoning permit authorizing the activity or project and shall not be required prior to the time when the City is preparing to issue the permit. The City of Rossford may suspend any Zoning Permit when work is not performed as required and initiate claims against the above described surety to complete the improvements as required in the approved plan. (Ord. 2010-02. Passed 1-11-10.)