§ 154.082 RELEASE OF BOND.
   The subdivider's bond or guarantee collateral shall be released only upon fulfillment of the following conditions:
   (A)   The completion of all required land improvements;
   (B)   The submission of four copies of acceptable "as-built" drawings of all land improvements;
   (C)   An affidavit to the effect that:
      (1)   All materials, labor and other costs have been paid, or arrangements have been made for payment so as to hold the village free from any obligations for payment of any costs of the land improvements; and
      (2)   That the subdivider accepts responsibility for the maintenance and repair of all land improvements for one year after the date of the acceptance resolution by the Village Board.
   (D)   Final acceptance, by resolution by the Village Board of all land improvements.
(1994 Code, § 34-4-12)