(A) All of the improvements required under these subdivision regulations shall be constructed prior to the filing with the Planning Commission of the final plat for final approval, in accordance with the specifications and under the supervision of the officials having jurisdiction; or
(B) In lieu of constructing such improvements as referred to in division (A) above, the subdivider shall furnish the Planning Commission with a surety bond running to the city, sufficient to cover the full cost, as estimated by the Director of Public Safety and Service, of all of the improvements required to be installed, thereby to secure the actual construction and installation of such improvements immediately after final approval of the final plat or at a time stipulated by and according to the requirements of the Planning Commission. Any extension of the time for completion of construction of improvements shall be conditioned on the posting of an additional bond to cover the term of the extension. In the event that the Director of Public Safety and Service, in his or her discretion, determines to employ the services of a third party for the purpose of estimating the cost of the improvements so as to establish the amount of the bond, then the Director of Public Safety and Service shall first ascertain the amount of the fee to be charged by the third party and the subdivider shall be advised as to the amount of the fee, which fee shall be paid by the subdivider as an application fee prior to engaging the third party’s services; the third party may or may not be a licensed professional engineer.
(2003 Code, § 152.50) (Ord. 1868, passed 9-15-1966; Ord. 2910, passed 8-16-1990)