Ordinances-1979-81

shall be constructed for such lot or the owner shall have deposited in escrow with the city clerk an amount equal to the cost of such improvements plus ten (10) per cent thereof for the lot, or (3) A surety bond with the city which will insure to the city that the improvements will be completed by the subdivider or property owner within two (2) years after official acceptance of the plat. The form and type of bond shall be approved by the city attorney and the amount of the bond shall not be less than the amount of the estimated cost of the improvements plus ten (10) per cent, and the amount of the estimate must be approved by the city engineer. If the improvements are not completed within the specified time, the council may use the bond or any necessary portion thereof to complete the same, or, if option (2) or this option (3) is chosen, the final plat shall state that the developer, its grantees, assignees, and successors in interest agree that public services including, but not limited to, street maintenance, snow, and ice removal, rubbish, refuse and garbage collection, will not be extended to such subdivision until the pavement is completed and accepted by the city. Alternatives (1) through (3) of this subparagraph (h) shall be exclusive and no subdivision shall be approved unless one of the foregoing alternatives has been approved and no subdivision shall be approved in which the developer proposes to request that the city construct such improvement, pursuant to a special assessment program, except for the provisions of subparagraph (g) of this section as to streets abutting the subdivision which may be done by assessment method. SECTION 14. APPROVAL OR REJECTION OF FINAL PLAT. Immediately upon the filing of the final plat, the clerk shall submit one copy of the final plat and the application to the city attorney, two copies to the city engineer; one copy to school board, two copies to the planning commission and two copies to the city council. The city attorney and city engineer shall cause the plat application to be examined in order to insure compliance with the requirements of chapter. Upon completion of their