§ 154.48 REVIEW BY CITY COMMISSION.
   Upon receipt of the final plat from the Planning Commission, the City Commission shall review the final plat and all recommendations of the Planning Commission and shall take action to approve or disapprove the final plat at its next regular meeting or at a meeting called within 20 days of the date of receipt.
   (A)   The City Commission shall require of the proprietor, as a condition of final plat approval, a cash deposit, certified check, or irrevocable bank letter of credit, whichever the proprietor elects, running to the city to insure, within the time specified in the contract, the performance of any contract relation with the city relative to improvement of public places or parts thereof that have not been completely installed or constructed at the time of final plat approval and shall require either a cash deposit, certified check, or irrevocable bank letter of credit, whichever the proprietor elects, running to the city for the full cost, as estimated pursuant to § 154.49, of any required public improvements or parts thereof that have not been completely installed or constructed at the time of final plat approval, to insure the installation of such required public improvements within the time specified in the contract after approval of the plat; provided, the city shall refund to the proprietor as the work progresses, amounts of any cash deposits, or allow the appropriate reduction in security, in amounts equal to the cost of completed units of work stipulated in the agreement prepared pursuant to § 154.49, performance guarantee, and satisfactory accomplishment of the construction milestones noted therein.
   (B)   After the City Commission has approved the final plat, no change shall be made therein unless the final plat is resubmitted for review and approval in accordance with the provisions of this chapter.
   (C)   Upon approval of the final plat, the subsequent approvals shall follow the procedure set forth in the Land Division Act of 1967.
   (D)   A certificate of approval of the final plat shall be affixed to the plat by the surveyor and all copies of the final plat signed by the City Clerk on behalf of the City Commission upon approval of the final plat by the body.
(Ord. 509, passed 4-22-2002)