For the purpose of this Chapter, the following words and phrases shall be defined as hereinafter set forth, except where the context obviously requires a contrary interpretation:
"Building permit"shall mean any building permit for the construction or reconstruction of any building or structure for which a building permit is required pursuant to the building regulations, including, but limited to, the Building, Electrical, Plumbing and Mechanical Codes of the City.
"Dedication"shall mean a formal offer of dedication, in a form approved by the City attorney, conveying or agreeing to convey, the real property to the City, as described in such instrument of conveyance, for public street purposes and all uses appurtenant thereto.
"Guarantee"shall mean that the owner of the affected property shall guarantee the construction of improvements required pursuant to this Chapter by:
1. A cash deposit in an amount equal to the estimated cost of construction of such improvements, as determined by the Public Works Director; or
2. A corporate surety bond in such amount; or
3. A written instrument, in a form approved by the City attorney, suitably guaranteeing the construction of such improvements.
The Community Services Director shall determine which method of guarantee should be utilized in each case. Such determination shall be made, based upon all of the circumstances of such case, including, but not limited to, the amount involved, the time set for such construction, and the demonstrated financial responsibility of the applicant.
"Improvements"shall mean such street improvements as would be required to be constructed by the owner of the property if said property were the subject of, or included as a part of, a subdivision tract map filed pursuant to the City Subdivision Ordinance.
"Precise plan"shall mean a precise plan prepared and approved in accordance with Section
65450 et seq., of the Government Code of the State of California.
"Property"shall mean the lot or lots, located within the City, on which the building or structure is to be located, abutting a street which has not been dedicated and developed to its ultimate width.
(Prior code § 2772)