Prior to an action by the Planning Board approving a subdivision plat, the applicant shall be required to complete, in accordance with the Planning Board's decision, all the street and other improvements specified in the action approving said plat and listed below or, as an alternative, to file with the Village Board a bond in an amount estimated by the Planning Board to secure to the Village the satisfactory construction and installation of the incomplete portion of the required improvements. All required improvements shall be made by the Village.
A. 
The Planning Board in its discretion may waive the requirement that the applicant complete and dedicate all public improvements prior to the signing of the subdivision plat and that, as an alternative, the applicant post a bond at the time of application for final subdivision approval in an amount estimated by the Planning Board as sufficient to secure to the local government the satisfactory construction, installation and dedication of the incomplete portion of required improvements. The performance bond shall also secure all lot improvements on the individual lots of the subdivision as required in these regulations.
B. 
Such performance bond shall comply with all statutory requirements and shall be satisfactory to the Village Attorney and the Village Board as to form, sufficiency and manner of execution. A period of one year, or such other period as the Planning Board may determine to be appropriate, within which required improvements must be completed, shall be specified by the Planning Board and expressed in the bond. The bond shall also provide that an amount determined adequate by the Planning Board shall be retained for a period of one year after the date of completion of the required improvements to assure their satisfactory condition.
The applicant shall build and pay for all costs of temporary improvements required by the Planning Board and shall maintain the same for the period specified by the Planning Board. Prior to construction of any temporary facility or improvement, the developer shall file with the local government, a separate suitable bond for temporary facilities, which bond shall insure that the temporary facilities will be properly constructed, maintained and removed.
All required improvements shall be made by the applicant, at his or her expense, without reimbursement by the Village.
For subdivisions for which no performance bond has been posted, if the improvements are not completed within the period specified by the Planning Board in the resolution approving the plat, the approval shall be deemed to have expired. In those cases where a performance bond has been posted and required improvements have not been installed within the terms of such performance bond, the local government may thereupon declare the bond to be in default and require that all the improvements be installed regardless of the extent of the building development at the time the bond is declared to be in default.
Acceptance of formal offers of dedication of streets, public areas, easements and parks shall be by ordinance of the Village Board. The approval by the Planning Board of a subdivision plat shall not be deemed to constitute or imply the acceptance by the Village of any street, easement or park shown on said plat. The Planning Board may require said plat to be endorsed with appropriate notes to this effect.
A. 
Monuments. Permanent monuments shall be placed at all block corners, angle points, points of curvature and points of tangency in streets and at intermediate points as required by the Village Engineer. In no case shall there be fewer than four permanent monuments per block. At least one monument in each subdivision shall be related to the United States Geological Survey (USGS) System and shall bear the true elevation above sea level. Monuments shall be set so as to prevent movement by frost upheaval and other pressures.
B. 
Markers. In order to facilitate inspection and review of the site of the proposed subdivision, temporary staking along the approximate centerline of all proposed roads in the subdivision will be required. The subdivider shall provide stakes as follows:
(1) 
Along the centerline of each proposed road at intervals of not more than 100 feet and at each point of beginning and ending of each curve. Each stake shall be identified by a station marking to conform to the plans as presented and shall be so placed as to extend at least three feet above ground surface. In as much as these stakes are not permanent, a tolerance of up to one foot from exact position will be allowed.
(2) 
A stake shall be placed at the approximate intersection of each side lot line with street line, marked with the identifying numbers of each abutting lot, as shown on the preliminary plat. These stakes shall be maintained in position during construction operations.
(3) 
All stakes referred to in this section shall be in position at the time the preliminary application is presented to the Planning Board. The Planning Board will not conduct its field inspection of the property until such stakes have been positioned.
(4) 
All stakes removed or destroyed prior to the approval of the final plat shall be replaced by the applicant, if required by the Planning Board or its authorized representatives.
C. 
Maintenance of improvements. The applicant shall be required to maintain all improvements on the individual subdivided lots and provide for snow removal on streets and sidewalks if required, until acceptance of said improvements by the Village Board. If there are any certificates of occupancy on a street not dedicated to the Village, the Village may on 12 hours' notice, plow the street of effect emergency repairs and charge same to applicant.
The Village may employ the Zoning Enforcement Officer to act as agent of the Planning Board for the purposes of assuring the satisfactory completion of improvements required by the Planning Board and shall determine an amount sufficient to defray costs of inspection. The applicant shall pay the Village costs of inspection before the subdivision plat is signed for filing. If the Planning Board or its agent finds, upon inspection, that any of the required improvements have not been constructed in accordance with the approved drawings, the applicant and the bonding company will severally and jointly be liable for the costs of completing said improvements according to specifications.
A. 
Acceptance of escrow funds. Whenever, by reason of the season of the year, any lot improvements required by the subdivision regulations cannot be performed, the Zoning Enforcement Officer may, nevertheless, issue a certificate of occupancy, provided that there is no danger to health, safety or general welfare upon accepting a cash escrow deposit in an amount to be determined by the Village for the cost of said improvements. The performance bond covering such lot improvements shall remain in full force and effect.
B. 
Procedures on escrow fund. All required improvements for which escrow moneys have been accepted by the Zoning Enforcement Officer, at the time of issuance of a certificate of occupancy, shall be installed by the developer within a period of nine months from the date of deposit and issuance of the certificate of occupancy. In the event that the improvements have not been properly installed, at the end of the time period, the Zoning Enforcement Officer shall give two weeks' notice to the developer requiring him or her to install the same, and in the event that they are not installed properly in the discretion of the Zoning Enforcement Officer, the Zoning Enforcement Officer may request the governing body to authorize the local government to proceed to contract out the work for the installation of the necessary improvements in a sum not to exceed the amount of the escrow deposit. At the time of the issuance of the certificate of occupancy for which escrow moneys are being deposited with the Zoning Enforcement Officer, the applicant shall obtain and file with the Zoning Enforcement Officer, prior to obtaining the certificate of occupancy, a notarized statement from the purchaser or purchasers of the premises authorizing the Zoning Enforcement Officer to install the improvements at the end of the nine-month period in the event that the same have not been duly installed by the developer.