Prior to an action by the Planning Board approving a final plat, the applicant shall be required to complete, in accordance with the Planning Board's decision and to the satisfaction of the appropriate Town departments, all the street and other improvements, including any required landscaping, specified in the action approving said plat or, as an alternative, to file with the Town Board a method of payment pursuant to §
82-31 in an amount estimated by the Planning Board to secure to the Town the satisfactory construction and installation of the incomplete portion of required improvements. All required improvements shall be made by the applicant at his/her expense without reimbursement by the Town or any district therein.
Alternatively, a provision of payment therefor in a form that shall be satisfactory to the Town Board as to form, sufficiency and manner of execution shall be provided to cover the full cost of the required improvements in §
82-30 above. A period of one year, or such other period as the Planning Board may determine appropriate, within which required improvements must be completed shall be specified by the Planning Board and expressed in the form of payment as required by the Town Board. The form of payment 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 Town may employ an inspector 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 Town 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 be severally and jointly liable for the costs of completing
said improvements according to specifications.
The Board may accept assurance from each public utility company
whose facilities are proposed to be installed. Such assurance shall
be in writing, addressed to the Board, stating that such public utility
company will make the installations necessary for the furnishing of
its services within a specified time, in accordance with the approved
plat.