The developer shall guarantee the construction and materials of the street pavement for a two-year period upon completion of all improvements to the satisfaction of the Director of Engineering and all other improvements for a two year period upon completion of all improvements to the satisfaction of the Director. In order to secure the guarantee, he shall deposit with the City an amount equal to ten percent (10%) of the total cost of the construction of street improvements and all other public improvements in a maintenance fund, or furnish a maintenance bond equal to ten percent (10%) of the total cost of the construction of street improvements and all other public improvements.
(Ord. 1994-194. Passed 9-15-94.)