The Planning Commission is hereby empowered to stipulate that all improvements required of an approved PUD be constructed and completed prior to issuing a certificate of occupancy. In the event that the improvements are partially completed to the point that occupancy would not impair the health, safety and general welfare of residents, but are not fully completed, the Planning Commission may, upon the recommendation of the Building Inspector, approve a certificate of occupancy so long as the developer deposits a performance bond with the City Clerk/Treasurer in an amount equal to the cost of the improvements yet to be made, the improvements to be completed with six months of the date of the issuance of the certificate of occupancy. In the event the provision herein are not complied with, the bond shall be forfeited and shall be used by the city to construct the required improvements yet to be made, and/or for the enforcement of this chapter.
(Ord. 02-02, passed 2-11-2002)