1. Posting Bonds. The subdivider shall, at the time of acceptance of the improvements by the Council, post maintenance bonds in an amount described herein as sufficient and as approved by the City Attorney as to form, sufficiency and manner of execution as set forth in these subdivision regulations.
2. Separate Bonds Required. A separate bond shall be posted for each phase of the construction, such as sanitary sewer, water main, storm sewer, pavement, etc.
3. Time Period. The subdivider shall be required to maintain all required improvements free of defects due to faulty materials and workmanship after acceptance of said improvements by the Council for a period specified below:
Pavement | 4 years |
Sanitary sewer | 4 years |
Sidewalks/trails* | 4 years* |
Storm sewer | 4 years |
Water main | 4 years |
*Bonds will be required for sidewalks that are constructed on minor collector, major collector, or arterial streets. |
4. Subcontractor Bonds. Maintenance bonds posted by the subdivider’s contractor may be accepted, provided the contractor or subcontractor is bound unto the City for the maintenance of the improvements.
5. Amount. Maintenance bonds shall be in the amount of the performance bonds or as otherwise approved by the City.