The developer, their successors and assigns, if any, shall pay twenty five percent (25%) of all costs associated with the installation of traffic signals at South 50th Street and Civic Parkway. A bond in the amount to cover said cost shall be posted, or an acceptable alternative approved by the City, including the signing and executing of a petition and waiver for said costs, prior to the recording of a final plat for the subject site unless the City determines it is not required at this time. (Ord. 1500, 12-9-2002)