(a)
No
preliminary or final plat shall be approved by the planning commission
and no completed improvements shall be accepted by the city engineer
unless they conform to the standards and specifications in this article.
(b)
All
streets and alleys shall be dedicated to the public in accordance
with these requirements.
(c)
No
private streets will be permitted.
(Ordinance 83-150-3, § 5(intro.),
adopted 7/26/1983)
Prior to beginning of any construction, the developer shall
deposit with the city an amount equal to two percent of the construction
cost of the project to be used for payment of inspection costs on
the project. All such construction shall be inspected while in progress
by the city engineer, or an inspector approved by him, and must be
approved upon completion by the city engineer. A certificate by such
officer stating that the construction conforms to the specifications
and standards contained in or referred to herein must be presented
to the city.
(Ordinance 83-150-3, § 4(A),
adopted 7/26/1983)
Prior to execution of the final plat by the city, all improvements
must be accepted by the city, or the subdivider shall file security
in an amount and in the manner provided for in either subsection (1),
(2) or (3) of this section:
(1)
Performance
bond.
The subdivider has filed with the city a bond executed
by a surety company holding a license to do business in the state,
and acceptable to the city, on the form provided by the city, in an
amount equal to the cost of the improvements required by this chapter
and within the time for completion of the improvements as estimated
by the city engineer. The performance bond shall be approved as to
form and legality by the city attorney.
(2)
Trust
agreement.
The subdivider has placed on deposit in a
bank or trust company in the name of the city, and approved by the
city, in a trust account a sum of money equal to the estimated cost
of all site improvements required by this chapter, and the cost and
time of completion as estimated by the city engineer. Selection of
the trustee shall be subject to approval by the city and the trust
agreement shall be executed on the form provided by the city and approved
as to form and legality by the city attorney. Periodic withdrawals
may be made from the trust account for a progressive payment of installation
costs. The amounts of such withdrawals shall be based upon progress
work estimates approved by the city engineer. All such withdrawals
shall be approved by the trustee.
(3)
Unconditional
guarantee from local bank or local federally insured savings and loan
association or other financial institution as approved by the city.
The subdivider has filed with the city, a letter on the form
provided by the city, signed by a principal officer of a local bank
or local federally insured savings and loan association or other financial
institution, acceptable to the city, on demand, a stipulated sum of
money to apply to the estimated costs of installation of all improvements
for which the subdivider or developer is responsible under this article.
The guaranteed payment sum shall be the estimated costs and scheduling
as prepared by the city engineer. The letter shall state the name
of the subdivision and shall list the improvements for which the subdivider
or developer is required to provide.
(Ordinance 83-150-3, § 4(B),
adopted 7/26/1983)
The subdivider or developer shall require of his construction
contractors, with whom he contracts for furnishing materials and installing
the improvements required under this chapter, and shall himself be
responsible for guaranteeing that all materials and workmanship in
connection with such improvements are free of defects for a period
of one year after acceptance of the improvements by the city engineer.
(Ordinance 83-150-3, § 4(C),
adopted 7/26/1983)
The city engineer, or an inspector approved by him, shall inspect
the construction of the improvements while in progress, and he shall
inspect such improvements upon completion of construction. He shall
reject such construction only if it fails to comply with the standards
and specifications contained or referred to herein. If he rejects
such construction, the city attorney shall, on direction of the city
council, proceed to enforce the guarantees provided in this article.
(Ordinance 83-150-3, § 4(D),
adopted 7/26/1983)
Where good cause exists, the city engineer may extend the period
of time for completion under subdivision II of division 2 of this
article. Such extension of time shall be reported to the city and
recorded in the minutes.
(Ordinance 83-150-3, § 4(E),
adopted 7/26/1983)
