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Any improvement agreement, contract, or act required or authorized by the Subdivision Map Act, for which security is required by the Subdivision Map Act or this Code, shall be secured in the manner and amounts provided in Sections 66499, et seq, of the Subdivision Map Act and in this Code. Such improvement agreements may be secured by any form of security, including security interests in real property, which security is accepted and approved by the City Attorney.
(Ord. 744-NS, eff. April 17, 1980)