Monuments shall have been set in their required
locations and certified to the town.
Final grading shall be completed within the
right-of-way and all spoil removed from the site.
All street and traffic signs shall be properly
set in their designated locations.
The submission and acceptance of the two-year
maintenance bonds for all improvements to be offered to the town for
dedication is required. Maintenance bonds shall be written by a surety
licensed to do business in New York State and they shall be in the
amount of 10% of the final construction cost. Bonds shall be approved
as to form and content by the Town Attorney prior to any dedication
procedure.
The Town Board, upon signature recommendation
of the design engineer, owner, Town Engineer, receipt of the Town
Attorney's written opinion of legal status, receipt of the two-year
maintenance bond, record drawings accepted by the town departments
and a final field review report, shall then authorize release of moneys
retained in the letter of credit.