d. Guarantee of incomplete improvements. Where the required improvements

City Council Meeting · 2026-06-09 · agenda_item

This agenda item concerns a requirement for developers to guarantee incomplete improvements before final plat approval. If required construction is not finished, the developer must provide a bond or letter of credit for 110 percent of the estimated construction cost, including fill dirt. This security ensures that all subdivision-related construction improvements will be completed. The city engineer will determine the amount and approve partial releases as work progresses. No building certificates will be issued until all work is finished and approved. This process is currently under review by the City Council. The work involves ensuring the completion of site preparation, grading, underground utilities, paving, and potentially vertical construction and landscaping, depending on the specific subdivision. Contractors, suppliers, and service providers in site preparation, concrete, utility work, paving, and general construction may find opportunities by engaging early, before final plans and permits are set.

performance and payment bond amount

110 percent