§ 16.24.060. Public improvements—Standards and procedures for construction.

The parcel map shall be referred to the City Engineer, who shall determine the extent of public improvements required. Public improvements determined necessary by the City Engineer may be required to be provided by the land divider in order to service the new lots and provide for the public convenience and safety. Such improvements may include, but are not limited to, streets, sidewalks, sanitary sewer, storm drainage, and street lighting.

Required public improvements shall be constructed according to plans and specifications prepared by a registered civil engineer and approved by the City Engineer in conformance with the current city standard specifications adopted by the City Council. The civil engineer in charge shall certify that the improvements have been installed in accordance with those plans.

No parcel map shall be finally approved until the divider either completes the improvements required by the city or enters into a contract with the city agreeing to do such work, and files with the City Clerk improvement security approved by the City Attorney in such amount as the City Engineer shall estimate and determine to be necessary to complete all of the improvements required to be done by the divider. This shall include a margin to accommodate escalating costs.

"Improvement security" as used in this section means one or more of the following:

A.

A cash deposit or deposits made with the city;

B.

A bond or bonds by one or more duly authorized corporate securities; or

C.

An instrument or instruments of credit from one or more financial institutions subject to regulation by the state or federal government pledging that the funds necessary to meet the performance are on deposit and guaranteed for payment and agreeing that the funds designated by the instrument shall become trust funds for the purposes set forth in the instrument. Said improvement security shall be in the amounts and for the following purposes:

1.

An amount determined by the City Engineer, not less than fifty (50) percent nor more than one hundred (100) percent of the total estimated cost of the improvement, conditioned upon the faithful performance of the agreement or contract, and

2.

An additional amount determined by the City Engineer not less than fifty (50) percent nor more than one hundred (100) percent of the total estimated cost of the improvement, securing payment to the contractor, his or her subcontractors and to persons renting equipment or furnishing labor or materials to them for the improvement.

(Prior code § 7-5.07)