No lots shall be sold or leased in any subdivision or on any street or on any street in any plat or any improvement, and no building permits shall be issued for the improvement of any lot before the minimum requirements as set forth in Section 1115.11
have been met and installed. When construction surety bonds are provided to the City for the full estimated cost of water lines, sanitary sewers, storm sewers, pavements and sidewalks, as provided in Section 1115.11
(f), then the construction surety bond shall be accepted in lieu of the requirements set forth in this section, and lots may be sold and leased and building permits issued.
(Ord. 10666/94. Passed 5-11-94.)