The Planning Commission shall have the right and authority to require the developer to file with the Zoning Administrator at the time of application for a building permit, a performance agreement in a form approved by the Zoning Administrator to ensure the development of those portions of the site that will be dedicated to the village for public use, including streets and utility easements, in accordance with the approved site plan, conditioned upon the proper construction and development. A performance bond may also be required in instances where the Planning Commission determines the nature of the project is such the activity being approved by the site plan could cause substantial negative impact on the safety, aesthetics or function of the infrastructure of the village in the event the activity/construction or change to the land was not completed as planned. This agreement shall continue for the duration of the construction and development of the site.
(Ord. passed 11-16-2020)