§ 82-291. Purpose.  


Latest version.
  • In lieu of the completion of required road paving necessary for final plat approval, the board of commissioners may accept a bond or letter of credit in a form and amount satisfactory to providing for and securing to the county the actual construction and installation of such improvements within a specified period of time, not to exceed one year. In order to qualify for performance security, the road and all storm drainage must be constructed and the surface graveled. The purpose of this performance security is to provide for a delay in paving streets as may be necessary due to weather or utility installation.

(Ord. of 3-27-2003(5), § 3.800; Res. No. 06-47, 3-8-2006)