[Amended 11-15-1977; 4-28-2025 by L.L. No. 4-2025]
A.
Completion of improvements. After adoption of a resolution approving a subdivision plat, and before the plat is signed by the Chair of the Planning Board, the applicant shall be required, except as provided in Subsection B to complete all street, sanitary and other improvements specified in the resolution approving said plat.
B.
Exceptions.
(1)
At its discretion, the Planning Board may grant final plat approval subject to the filing of performance security with the Town of Lewisboro in an amount fixed by the Planning Board as sufficient to secure the satisfactory construction and installation of the incomplete portion of the required improvements, and further subject to the full understanding of the applicant and stipulation of the applicant on the final plat that no building permit may be granted for any structure on a lot within a subdivision until all required improvements have been substantially completed to the satisfaction of the Planning Board in accordance with Subsection C.
(2)
Such performance security shall comply with the requirements of § 277 of the Town Law and be in the form of a surety bond, letter of credit, or monetary deposit with the Town of Lewisboro. The period within which required improvements must be completed will be specified by the Planning Board in its resolution, subject to the provisions of Town Law § 277 and expressed in the performance security provided. In order to assure the soundness and integrity of such improvements, such performance security shall also provide for the retention by the Town of Lewisboro of 10% of the originally fixed amount for a period of one year after the dedication papers and certificate of title in proper form are filed and accepted, whichever is later. When improvements are completed prior to the signing of the plat, the applicant shall provide performance security in amount determined by the Planning Board to assure the soundness and integrity of such improvements while the performance security is in effect.
C.
Substantial completion. "Substantially completed" shall mean the completion of all street improvements, including drainage, curbing, grading, seeding, and erosion control measures, up to but not including the finish course of asphalt for that portion of the subdivision for which building permits are desired. The minimum length of street which must be substantially completed shall be 1,000 feet.
D.
Costs to be borne by applicant. All required improvements shall be made by the applicant, at his expense, without reimbursement by the Town or any special district therein.
E.
Satisfactory construction. The construction or installation of all required improvements shall be done to the satisfaction of the Planning Board, and in accordance with the terms of its resolution of approval and the design standards and construction specifications set forth in Articles V and VI of these regulations.
F.
Modification of requirements. If at any time, either before or during the course of construction of the required improvements, it is determined by the Planning Board, based upon a report from the Town Engineer or the Building Inspector, that unforeseen conditions make it necessary to modify the location or design of any such improvements, the Planning Board may modify the terms and conditions of the approval or require the modified plans to be approved by the Planning Board so as to require such changes as may be necessary to comply with the spirit and intent of the Planning Board's original approval and to conform to accepted engineering practices. If such modifications affect the scope of work the completion of which is assured by performance security, the Planning Board may also require the necessary modifications of such performance security.
G.
Failure to complete improvements.
(1)
Where performance security is not posted. If the improvements are not completed within the period specified by the Planning Board in the resolution approving the subdivision plat, the approval shall be deemed to have expired. The applicant may reapply for approval of the proposed subdivision in accordance with these regulations.
(2)
Where a performance security is furnished. If the improvements are not completed within the term of such performance security and if no application for the extension of the performance security has been made by the subdivider and approved by the Planning Board, the Town Board may thereupon declare said performance security to be in default. Where none of the required improvements have been installed within the time period specified in the performance security, the approval of said subdivision shall be deemed null and void.
H.
Extension of period specified in performance security.
(1)
The time period specified for the completion of all required improvements, as set forth in the performance security, shall not be extended except upon the approval of the Planning Board. Requests for an extension shall be addressed, in writing, to the Planning Board and shall set forth the following:
(a)
Detailed reasons for failure or inability to complete the work within the time specified in the performance security.
(b)
The amount of work which has been completed, as certified by the applicant's engineer.
(c)
The maximum estimated time required to complete the remainder of the work.
(d)
The period for which extension of the performance security is requested.
(2)
Whether or not street improvements have been started by the subdivider prior to granting extension to the specified time period, the Planning Board shall consider escalations in construction costs and may require the amount of the performance security to be increased to reflect increased construction costs.
I.
Reduction or release of performance security. Upon request, the required amount of performance security may be reduced during its term or released upon completion of all required improvements. A request to reduce or release the performance security shall be submitted, in writing, to the Planning Board and must itemize the required improvements completed. If a reduction is sought, the request shall specify the amount of reduction requested. The Planning Board, after a public hearing, shall determine whether the required improvements have been installed in sufficient amount to warrant such reduction or release. The Planning Board shall then tender a recommendation concerning the requested reduction or release to the Town Board, which shall approve, deny, or approve and deny in part the reduction or release request.
J.
Snow removal bond. Where a certificate of occupancy may be granted prior to acceptance of any street by the Town Board, the subdivider shall post a cash bond in the amount of $1,000 per 1,000 feet of road substantially completed for the purpose of guaranteeing that he will remove snow from the street quickly and thoroughly. The cash bond shall not relieve the subdivider from the obligation of snow removal.[1]
[1]
Editor's Note: A copy of a Town Board consent form, which immediately followed this subsection, is on file at the office of the Town Clerk.