Before the Planning and Zoning Commission shall
cause its approval to be endorsed upon the final plat of any subdivision
and as a requisite for the approval thereof:
A.
Required improvements shall be completed, inspected,
and accepted by the Town Engineer, Mayor and Council and Code Enforcement
Officer.
B.
The owner/developer shall enter into a written agreement
with the Town in the manner and form set forth by the Town Attorney
where he shall agree:
(1)
To construct or cause to be constructed, at his own
expense, all streets, curbs, sidewalks, fire hydrants, drainage facilities,
street signs and lights, surveyor monuments, water and sewerage facilities,
and other improvements shown on or accompanying said final plat when
required to do so by the Planning and Zoning Commission in accordance
with the final plats, as finally approved, and in strict accordance
with the standards and specifications of the Town;
(2)
To maintain at his own cost said streets, curbs, sidewalks,
fire hydrants, drainage facilities, street signs and lights, surveyor
monuments, water and sewerage facilities, and other improvements,
until all or part are accepted by the Town;
(3)
To obtain the easements and releases required when
any street, drainage facility, or other improvement wherein a subdivision
abuts or traverses land of persons other than the person holding legal
title to the lands of the subdivision, at his own cost, and to obtain
from the owner of the lands so abutted or traversed full releases
from all damages which may change in grade, construction, or otherwise,
to the street, drainage facility, or other improvement, and such releases
shall inure to the benefit not only of the owner of the subdivision
but to the Town as well.
A.
In order to assure the Town that the streets, curbs,
and sidewalks, fire hydrants, drainage facilities, street signs and
lights, surveyor monuments, water and sewerage facilities and other
improvement shown on or accompanying said final plats will be constructed
and installed in strict accordance with the plats, as finally approved,
and with the standards, regulations, and specifications of the Town,
and will be maintained until accepted by the Town, the owner shall
furnish to the Town cash or a bond with such surety as the Mayor and
Council shall approve in an amount sufficient to cover cost, as estimated
by the Town Engineer, of the construction and installation of the
aforesaid improvements, until all or part are accepted by the Town.
B.
The improvement guarantee shall be conditioned upon:
(1)
The owner/developer constructing and installing, or
causing to be constructed or installed, in strict accordance with
the final plat and accompanying submittals, as finally approved, and
with the Mayor and Council standards and specifications, the streets,
curbs, sidewalks, fire hydrants, drainage facilities, street signs
and lights, surveyor monuments, water and sewerage facilities, and
other improvements shown on or accompanying said final plat.
(2)
The owner/developer maintaining at his own cost the
said streets, curbs, sidewalks, fire hydrants, drainage facilities,
street signs and lights, surveyor monuments, water and sewerage facilities,
and other improvements, until all or part are accepted by the Town
for public use.
(3)
The faithful performance by the owner/developer of
the contract provided for in these regulations.
