In case the subdivider fails to complete the required public improvement work within such time period as required by the conditions of the guarantees as outlined in § 152.071, the village shall proceed to have such work completed and reimburse itself for the cost thereof by appropriating the cash deposit, certified check or surety bond or shall take the necessary steps to require performance by the bonding company.
(Prior Code, § 1218.03) (Ord. 371, passed 2-5-1973)