1954 468 Ordinance - Laserfiche WebLink

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-7- e. The Ovmer shall present to the Village Engineer an estimate of cost for subgrading and constructing a permanent pavement having an 8" vraterbound macadam base tvrenty feet wide and a tvvo inch thick asphaltic concrete surface eighteen feet vride, shaping; surfacing and seeding of all disturbed areas. A surety bond, in the amount of 100 of this estimate or as revised by the Village Engineer, shall be given the Village guaranteeing that all this vrork v,rill be completed during the summer folloti~ing the completion of all underground construction, which date of completion of the permanent pavement shall not be later than December 15th of the year the work is started. Section 7. APPROVAL OF PLAT FOR RECORD a. As soon as all of the conditions enumerated in Section 6 IP~IPROVE- P~NT OF STREETS have been complied with, to the satisfaction of the Council, the Final Plan shall be approved for record only - n.ot to be construed in any way as a dedication of the areas proposed to be developed as streets or their acceptance by Council. At this time the Building Inspector will be authorized to issue building permits for the lots in said allotment. b. If, hovaever, the Owner wishes to have Council approve this plat for record before the installation of all of the improve- ments, a surety bond, in the amount of 100j~ of the estimate " of all the improvements or as revised by the Village Engineer, shall be given the Village guaranteeing that all this work vrill be completed vaithin 'tv~~ro years of the acceptance of the plat for record. If, however; after two years, the improve- ments have not been installed, the council may authorize the v~*ork to be completed and may~then proceed against the Owner and its surety for reinbursement. No building permits shall be issued until the temporary pavement has been installed. Section 8. .~CCEPTA.NCE OF STREETS - . Six months after the completion of the permanent pavement, but not sooner than June lst of the year following the completion of said pavement, an inspection of all improvements installed by the Ovmer, as listed in Section 6 ~'~PROTTr'~:~T1T Or STREETS, shall be made by a Committee of Council and the Village Engineer. Any defects disclosed by this inspection shall be corrected by the Ov~mer . As soon as the improvements, installed by the Ov~mer, have been approved by Council; the Ouaner shall file with the Village Solicitor an abstract, certificate of titJ_e, guarantee of title, or title insurance in the amount of at least One Thousand Dollars, meeting with the approval of the Village Solicitor, showing the title to the street or streets in said allotment to be good in the Village for street purposes and to be free and clear from all encumbrances whatsoever. The Council will then approve the plat for the dedication of such street areas, will accept the streets as Village highways and release all of the bonds as listed hereinbefore. Section 9. ?~ODIFICAI^ION OF PLANS If in the opinion of Council any of the foregoing provisions and