The applicant shall be required to maintain
all improvements and provide for snow removal on streets and sidewalks,
if necessary, until acceptance of said improvements by the Village
Board or other governmental entity. If there are any certificates
of occupancy on a street not dedicated to the Village, the Village
may on 12 hours' notice plow the street, or effect emergency repairs
and charge same to the applicant. The applicant shall be required
to file maintenance security with the Village Board, together with
the irrevocable offer of dedication of such improvements in an amount
considered adequate by the Village Engineer and in a form satisfactory
to the Village Attorney in order to assure the satisfactory condition
of the required improvements for a period ending one year after the
date of their acceptance by the Village Board and dedication of same
to the Village.
Acceptance of formal offers of dedication of
streets, easements and parks shall rest with the Village Board. The
approval by the Planning Board of a subdivision plat shall not be
deemed to constitute or imply the acceptance by the Village of any
street, easement or park shown on said plat. The Planning Board may
require said plat to be endorsed with appropriate notes to this effect.