§ 12. Acceptance of the subdivision.

After completion of all items required in the plans and specifications, the contractor shall submit to the city a bond in the amount of $50,000.00 or ten percent of the contract, whichever is greater, but not to exceed 100 percent of the contract amount guaranteeing workmanship and materials for a period of two years from the date of final acceptance by the city. The city manager or his designated agent shall verify that all items have been completed, including filing of the plat and all related easements and documents. The city manager or his designated agent shall conduct a final inspection of the project and, if all work is found to be acceptable, shall issue a letter of acceptance. Any items of exception noted in the acceptance letter shall be immediately satisfied.

All necessary easements or dedications not shown on the final plat must be completed, properly signed, and filed with the county clerk. The original of the filed documents, bearing the stamp of the county clerk, shall be returned to the city.

Acceptance of the subdivision shall mean that the title to all improvements is vested in the city. The developer and his contractors shall be bound to the city for a period of two years to repair any defects in the improvements.

(Ord. No. 99-1132, § 2, 8-2-1999)