The developer shall present written evidence satisfactory to the Planning Board that the developer guarantees all improvements for a period of one year from the date of completion of construction and/or installation. The subdivider shall notify the buyer of the nature, extent, and location of these improvements and shall include such notice as a part of the written sales transaction. A developer shall demonstrate reasonable, good faith progress toward completion of the required improvements that are secured by the performance guarantee or any extension. If the improvements are not completed to the specifications of the county, and the current performance guarantee is likely to expire prior to completion of the required improvements, the performance guarantee shall be extended, or a new performance guarantee issued, for an additional period. An extension under this subdivision shall only be for a duration necessary to complete the required improvements. If a new performance guarantee is issued, the amount shall be determined by the procedure provided in § 158.054 and shall include the total cost of all incomplete improvements.
(Ord. passed 6-7-2021)