(A) All subdividers shall obtain a certificate of registration from the village prior to the submittal of preliminary plats.
(B) All public improvement contractors shall obtain a certificate of registration from the village prior to the start of construction of any public improvements.
(C) The applicant for a condominium subdivision shall furnish a bond with a corporate surety licensed to do business in the state, guaranteeing that all common areas and facilities and all common recreational facilities will be completed. All other bonds, fees and certificate requirements of this chapter also apply to condominium subdivisions.
(D) The subdivider, prior to approval of the final plat by the Village Board, shall furnish surety that public improvements shall be completed satisfactorily. Surety shall be provided to the village when development occurs within the boundaries of the village and jointly to the village and the county when development occurs within the one and one-half mile jurisdiction of the village. The surety shall take any of three separate forms:
(1) The subdivider may elect to furnish a corporate surety bond approved by the Village Board, in the amount of 110% of the verified estimate of expenditure;
(2) In lieu of a surety bond, the subdivider may provide a cash bond in the form of a cashier’s check or certified check payable to the village in an amount equal to 100% of the verified estimate of expenditure. The cash bond will be invested by the village and the subdivider shall receive the interest earned on the cash bond when final repayment is made to the subdivider; and
(3) In lieu of a surety or cash bond, the subdivider may provide an irrevocable letter of credit from a bank or other financial institution in an amount equal to 110% of the verified estimate of expenditure and in the form acceptable to the village.
(E) If the subdivider obtains guaranteed contracts from the contractors for all improvements in the subdivisions that total less than 90% of the verified estimate of expenditure, the subdivider may petition the Village Board to reduce the amount of the surety to an amount equal to 110% of the contract amount.
(F) Bond and the like reductions to the subdivider may be made upon the subdivider’s written request following 50% completion of the improvements; provided, however, that, stormwater control features, approved by the Village Engineer, shall be serviceable, if not entirely completed. Reduced bond and the like amounts will be based upon completed quantities and applicable unit costs as contained in the verified estimate of expenditure and will require a written recommendation by the Village Engineer to the Village Board. Based upon the Village Engineer’s written recommendation, the Village Board may authorize a reduction of the bond and the like. A maximum of three requests for reduction will be considered. Sufficient surety shall be maintained by the village to cover all remaining construction costs with a minimum amount retained of 20% until final approval and acceptance of the subdivision. Reductions of bonds and the like shall not be considered as acceptance of all or part of a subdivision.
(G) Public improvements shall be substantially completed in a satisfactory manner within a two-year period following the recording of the final plat with the County Recorder and shall also be conditioned upon the subdivider fully complying with the provisions of this chapter. The subdivider, the subdivider’s engineer and the subdivider’s general contractor shall submit to the village a certificate of compliance stating that all public improvements being dedicated to the village have been completed in conformance with the subdivision construction plans and specifications as submitted with the final plat. The certificate shall further state that any changes to or deviations from the construction plans and specifications have received approval of the Village Engineer.
(H) Upon completion and conditional approval of all subdivision improvements, the subdivider shall provide a one-year written maintenance agreement/guaranty of the improvements against structural failure. During this period, the subdivider shall provide financial surety as follows.
(1) If a surety bond is used, it shall provide the surety has agreed to maintain such improvements constructed under the bond for a period of one year for 100% of the estimated costs of the improvements.
(2) If the subdivider provides a cash bond or an irrevocable letter of credit, the bond or letter of credit shall be 20% of the amount of the estimated costs of the improvements.
(I) (1) Final amounts retained shall be released to the subdivider, with accrued interest, if any, following written recommendation by the Village Engineer for final approval and acceptance by the Village Board.
(2) Following the one-year maintenance period, and finding by the Village Engineer that all of the public improvements are in good and satisfactory condition, the Village Board shall take formal action at a meeting to approve and accept public improvements.
(3) At such time, the final amounts of surety shall be released to the developer, with accrued interest, if any.
(J) Each applicant for approval of a condominium subdivision shall pay a review fee of $20 per unit to help defray the cost to the village of reviewing the plans and making a determination as to whether or not the proposed condominium subdivision complies with all applicable ordinances. This review fee will not be refundable, whether or not the condominium subdivision is approved.
(K) A preliminary plat fee of not less than $150 shall be paid by the subdivider to the village for legal and engineering review prior to consideration by the Village Board. An additional fee shall be paid based on the number of lots in the preliminary plat based on the following schedule:
No. of Lots | Base Fee | Additional Fee per Lot | Fee Range |
No. of Lots | Base Fee | Additional Fee per Lot | Fee Range |
Less than 5 | $150 | $0 | $150 |
6 to 10 | $150 | $50 | $200 to $400 |
11 to 20 | $400 | $30 | $430 to $700 |
21 to 40 | $700 | $20 | $720 to $1,100 |
41 to 60 | $1,100 | $15 | $1,115 to $ 1,400 |
61 to 100 | $1,400 | $10 | $1,410 to $1,800 |
More than 100 | $1,800 | $5 | $1,805 minimum |
(L) (1) A final plat fee of not less than $150 shall be paid by the subdivider to the village for legal and engineering review of each plat.
(2) An additional fee shall be paid based on the number of lots in the final plat based on the following schedule:
No. of Lots | Base Fee | Additional Fee per Lot | Fee Range |
No. of Lots | Base Fee | Additional Fee per Lot | Fee Range |
Less than 5 | $150 | $0 | $150 |
6 to 10 | $150 | $30 | $180 to $300 |
11 to 20 | $400 | $20 | $320 to $500 |
21 to 40 | $700 | $15 | $515 to $800 |
41 to 60 | $1,100 | $10 | $810 to $1,000 |
61 to 100 | $1,400 | $8 | $1,001 to $1,320 |
More than 100 | $1,800 | $5 | $1,325 minimum |
(M) (1) For each set of subdivision construction plans, specifications, bidding documents, construction cost estimates, estimate of construction time and drainage plan, the subdivider shall pay a fee not less than $700 to the village for engineering review prior to consideration by the Village Board.
(2) An additional fee shall be paid based on the number of lots in the final plat based on the following schedule:
No. of Lots | Base Fee | Additional Fee per Lot | Fee Range |
No. of Lots | Base Fee | Additional Fee per Lot | Fee Range |
Less than 5 | $700 | $0 | $700 |
6 to 10 | $700 | $50 | $750 to $950 |
11 to 20 | $950 | $40 | $990 to $1,350 |
21 to 40 | $1,350 | $30 | $1,380 to $1,950 |
41 to 60 | $1,950 | $25 | $1,975 to $2,450 |
61 to 100 | $2,450 | $20 | $2,470 to $3,250 |
More than 100 | $3,250 | $10 | $3,260 minimum |
(N) A condominium review fee of $20 per unit shall be required.
(O) All fees shall be paid to the Village Clerk at the time of submittal of the plats and plans.
(P) In addition to the above review fees, the subdivider shall pay a subdivision development fee for water and sewer system upgrades and extensions necessary to serve the new development. Such fee shall be negotiated at the time the preliminary plat is presented for approval and shall be paid by the developer at the time the final plat is approved by the Village Board.
(Ord. 16-102, passed 4-4-2016; Ord. 19-115, passed 12-2-2019)
Cross-reference:
Schedule of fees for land use, see Chapter 157