[Amended 8-21-2014 by Ord. No. 2014-8-1]
A.
Responsible party. The developer shall be responsible for installing or constructing those public and private improvements as may be required.
C.
Commencement of work. No construction or installation of any public or private improvement or any land-disturbing activity shall commence until after:
(1)
The Village Board approves the preliminary plat or preliminary certified survey map;
(2)
The developer complies with those conditions of approval which must be satisfied before the commencement of work;
(3)
The Village Engineer approves all required plans or permits, including street plans, storm drainage plans, grading plans, and erosion/sediment control plans; and
(4)
The developer obtains all other approvals from other authorities as may be required or necessary to undertake the construction or installation of any public or private improvement or any land-disturbing activity.
D.
Ongoing inspections. The Village Engineer is authorized to conduct periodic inspections of any work related to any public improvement. The developer shall reimburse the Village for all costs it incurs related to these inspections.
E.
Corrective actions. If prior to final acceptance the Village Engineer determines that any aspect of any public improvement is defective, is not completed in a good worker-like manner, or does not comply with approved plans, the developer shall correct such deficiency in a timely manner. The Village Engineer shall provide a written report to the Village Board that documents any corrective actions taken by the developer in this regard and shall certify that all public improvements comply with this chapter and approved plans and have been completed in a good worker-like manner.
F.
Completion of work. Prior to submitting a final plat or final certified survey for review all public and private improvements shall be completed by the developer and approved by the Village Engineer. Upon petition by the developer, the Village Board may allow the developer to provide a cash bond or a letter of credit to secure the installation of any required public and/or private improvement, provided that the developer's agreement for the project addresses the use and administration of the cash bond or letter of credit.
G.
Approval of contractors and subcontractors required. Contractors and subcontractors retained by the developer to construct or install public improvements or to prepare contracts and contract specifications for such improvements shall be subject to the approval of the Village Engineer.
H.
Guarantee of accepted public improvements. Following initial acceptance of any public improvement by the Village Board and upon written request by the Village Engineer, the developer shall repair any defect in any public improvement for a period of one year. In addition, the developer shall provide a financial guarantee to secure the completion of such requested work. The financial guarantee may consist of a cash bond, performance bond, or a letter of credit and shall not exceed 10% of the total cost of the completed public improvement.