The Village Board of Trustees shall not give
final approval of required improvements, nor release a performance
bond, until the Village Engineer has submitted reports stating that
all required improvements have been satisfactorily completed and until
the applicant's engineer or surveyor has submitted a statement to
the Village Engineer certifying that all the required improvements
have been satisfactorily completed and installed. Upon such approval
and recommendation, the Village Board of Trustees shall thereafter
accept the improvements for dedication in accordance with the established
procedure. The performance bond or other security will not be released
for a period of 90 days after acceptance by the Village Board of Trustees.
Where utilities required by the Planing Board
are to be installed by a public utility company, the Planning Board
may accept assurance from the public utility company, in writing,
that such installation will be furnished by the company within a specified
period of time and in accordance with the approved construction plans
in lieu of a performance bond for the cost thereof.
Permanent monuments of a type satisfactory to
the Village Engineer shall be set at such block corners, angle points,
points of curves in streets and other points at the Village Engineer
may require, and their location shall be shown on the subdivision
plat.
The approval by the Planning Board of a subdivision
plat which includes private streets, parks or playgrounds not offered
for dedication to the Village shall not be deemed to constitute or
imply the acceptance by the Board of Trustees of any street, park,
playground or other open space shown on said plat or constitute any
opinion or approval by the Village of the adequacy or enforceability
of any right by a person whose property is served by said improvements
to use the same. The Planning Board may require said plat to be endorsed
with appropriate notes to this effect. The Planning Board may also
require the filing of a written agreement by the applicant, satisfactory
to the Board of Trustees, covering future title, dedications and provisions
for the cost of grading, development, equipment and maintenance of
any park or playground area.
Where a certificate of occupancy for a building
in a subdivision is desired prior to the completion of the road improvements
required in the Planning Board's approval of the subdivision plat,
the Village Engineer shall certify, in writing, that the street serving
the proposed building is adequate for vehicular access by the occupant
and by police and fire equipment prior to the issuance of a certificate
of occupancy. If the Village Engineer does not certify, no certificate
shall be issued. Where such certificate has been issued before completion
of such road improvements, the street shall be maintained in suitable
condition. If it is not so maintained and the situation is not corrected
within 48 hours following written notice from the Village Engineer
or Building Inspector/Village Engineer, the Village Engineer or Building
Inspector/Village Engineer shall proceed to put the street into suitable
condition, the cost of which work shall be a charge against the subdivision.
The performance bond given by the subdivider shall provide for the
reimbursement of the Village for necessary street maintenance expense
incurred under the above-described circumstances.
The Planning Board may waive, for such period
as it may determine, the provision of any improvement as, in its judgment,
is not necessary in the interests of the public health, safety and
general welfare. In the case of each waiver granted, the Planning
Board shall enter upon its records the reason or reasons why the particular
improvement is not necessary, and it shall attach appropriate conditions
or require such guaranties may be necessary to protect the public
interest.