With regard to any improvement to be accepted for dedication, maintenance or operation
by the city, the owner or developer shall, at the time of city acceptance of responsibility,
provide a form of surety satisfactory to the city attorney in an amount equal to ten
(10) percent of the total construction costs of the improvements for coverage of costs
of remedy of defects appearing in such improvements within two (2) years or such lesser
time as may be deemed appropriate by the planning director; however, any items for
which the developer has paid a fee or posted an escrow and which the developer is
not responsible for constructing or installing shall not be included in the defect
bond.
(Ord. No. 1335, 9-27-82; Ord. No. 2520, 1-12-99)
