(A) Performance bonds for public improvements. On all projects where public improvements are required, the city shall require a bond in an amount not greater than 100% or other adequate assurances as a condition of site development approval in order to guarantee the public improvements.
(B) Release of performance bonds. The bond or assurance shall be released when the city finds the completed project conforms to the site development approval, including all conditions of approval.
(C) Completion of landscape installation. Landscaping shall be installed prior to issuance of occupancy permits, unless security equal to the cost of landscaping as determined by the city or a qualified landscape architect is filed with the City Recorder assuring the installation within six months after occupancy. If the installation of the landscaping is not completed within the six-month period, the security may be used by the city to complete the installation.
(D) Business license filing. The applicant shall ensure that all business occupants of the completed project, whether permanent or temporary, shall apply for and receive a city business license prior to initiating business.
(Ord. 225, passed 10-20-1994, § 24.7)