[Amended 12-15-2014 by Ord. No. 2014-13]
A.
General requirement. The subdivider is responsible for providing all public and private improvements as may be required under this chapter and/or the Village's approval. This requirement does not apply to land divisions within the Village's extraterritorial jurisdiction.
B.
Options.
(1)
The required public improvements shall be installed by the subdivider at his/her cost or:
(a)
The subdivider may petition the Village for the installation of the required public improvements through the special assessment B bond process as provided for in § 66.0713(4), Wis. Stats., or another acceptable special assessment process, with the special assessments being payable at the time of lot sale, payable in a maximum of seven annual installments together with interest.
(b)
The Village may enter into a recapture agreement with the subdivider agreeing to require payment of recapture costs of public improvements from those properties benefitting from the improvements. The Village shall prohibit development on those properties until payment has been made. The subdivider may contract directly with adjacent property owners and/or subdividers of adjacent land for reimbursement of the oversize and/or off-site improvements constructed.
(c)
In addition to the above, the Village may enter into an agreement to reimburse the subdivider, at the end of the seven-year period, for his/her cost (at the time of construction) of those oversized improvements constructed within the proposed land division but which are oversized to serve lands beyond the boundaries of the land division or other lands within the subdivider's control and which have not, during the seven-year period, been reimbursed to the subdivider. Said payment shall be only for the actual additional cost of constructing the oversized improvements within the boundaries of the land division and shall not provide for payment of any interest. The Village shall then establish special assessments against those benefitting properties outside the proposed land division boundaries or the subdivider's control for those costs. To be eligible to proceed under this provision, the land division must occur within areas identified in the Village's Comprehensive Plan or other adopted comprehensive development or public facilities plan.
(2)
Any combination of the above as approved by the Village Board.
(3)
If the Village finds that Village construction of such public improvements would not be warranted as a special assessment to the intervening properties or as a governmental expense until some future time, the developer shall be required, if he/she wishes to proceed with the development, to obtain necessary easements or rights-of-way and construct and pay for such public improvement extensions as provided under Subsection B(1) or (2) above.
C.
Tax incremental districts. The requirement of installation, by the subdivider, of the various improvements specified in this chapter shall be subject to appropriate modification by vote of the Village Board in the event that all or any part of the area encompassed by the plat is included within an established tax incremental district (TID) with an adopted project plan.
D.
Construction standards. The required public improvements shall be installed consistent with the engineering standards and specifications adopted by the Village Board. Where standards and specifications have not been adopted, the improvements shall be made consistent with established engineering practices as approved by the Village Engineer. When new or revised standards and/or specifications have been adopted by the Village Board, work on public improvements not begun within 18 months of the date of final plat adoption shall be made to the new or revised standards and/or specifications and calculations for the construction of the required public improvements.
E.
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 subdivider complies with those conditions of approval which must be satisfied before the commencement of work as enumerated in this chapter and/or the Village Board's approval;
(3)
The Village Engineer approves all required plans or permits, including construction plans for streets, sidewalks, water supply facilities, sanitary sewerage facilities, stormwater management, grading, and erosion/sediment control; and
(4)
The subdivider obtains all other approvals from other authorities as may be required to undertake the construction or installation of any public or private improvement or any land disturbing activity.
F.
Completion of work. Prior to submitting a final plat or final certified survey map for review, all public and private improvements shall be completed by the subdivider and approved by the Village Engineer. Upon petition by the subdivider, the Village Board may allow the subdivider 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 subdivider's agreement for the project addresses the use and administration of the cash bond or letter of credit. The cash bond or a letter of credit shall be equal to 115% of the estimated cost of improvements and other fees, costs, and other money as determined by the Village Engineer. The Village Engineer may from time to time adjust the amount of estimated costs of said improvements, and within 30 days of written notice of said change the subdivider shall increase the financial security by that amount or any other amount acceptable to the Village Board. As the required improvements are installed and accepted or for other purposes, the Village Board may authorize reductions of the financial security in the amount deemed appropriate.
G.
Approval of contractors and subcontractors required. Contractors and subcontractors retained by the subdivider to construct or install public improvements and use or to prepare contracts and contract specifications for such improvements shall be subject to the approval of the Village Engineer.
H.
Project manager. The subdivider shall designate a project manager who shall be readily available on the project site during the construction of the required public improvements. The project manager shall be granted authority on behalf of the subdivider to make decisions related to the construction of the required public improvements as they may arise during the course of the construction. The project manager shall also be responsible for the scheduling and coordination of the required work to construct the required improvements. Correspondence with or verbal orders to the designated project manager shall have the same authority as with the subdivider directly.