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M.V. ORDINANCE N0. 86-8 <br />Page -4- <br />(f) Grading and Seeding Lands Allocated for Pu,~lic Use <br />In those cases where land is allocated to public use as provided <br />in subsection (a) hereof or is to be dedicated or deeded to the <br />Village for public park or recreational uses pursuant to <br />subsections (b) or (c) hereof, the owner of the proposed <br />subdivision, prior to approval of the subdivision plat, shall <br />grade such area and plant it with grass seed of such quality and <br />character, and in such amount, as is reasonably suitable for park <br />or recreational uses, or in lieu thereof, he may furnish a one <br />hundred percent (100) performance bond. The amount of such bond <br />shall be determined in the manner provided by Section 1119.15, in <br />the case of a subdivision improvement bond. The form of such <br />bond and the security therefor shall be as provided in Section <br />1119.15. <br />(g) Title Guaranty Required. In those cases where land is <br />to be deeded or dedicated to public use as required by <br />subsections (a), (b) or (c) hereof, other than land reserved by <br />covenants in deeds to the sublots of a proposed subdivision for <br />the common use of all property owners within the proposed <br />subdivision, the proposed streets of such subdivision shall not <br />be dedicated to public use until the owner of such proposed <br />subdivision delivers a good and sufficient warranty deed <br />conveying title in such deeded land to the Villaae free and clear <br />of all liens, encumbrances, taxes and assessments, both general <br />and special, except zoning and building ordinances. <br />Prior to the dedication to public use of the streets within <br />such proposed subdivision, the deed shall be deposited with an <br />escrow agent selected by the Director of Law under such <br />instructions as the Director may deem proper to effectuate the <br />purposes of this section. The deed shall be recorded by the <br />Director upon the acceptance of such streets for dedication and <br />the issuance of a title guaranty in the amount of the value of <br />the land, which title guaranty shall show good title in the <br />Village free and clear of all liens, encumbrances, taxes and <br />assessments, both general and special, except zoning and building <br />ordinances of record. All escrow fees, the recording fees and <br />the cost of 'the title guaranty shall be paid by the developer. <br />(h) Penalty. Whoever violates any provision of this <br />section shall be fined not more than five hundred dollars <br />($500.00). Each succeeding day of continued violation, after <br />notice thereof, shall constitute a separate offense. <br />Section 2. All prior ordinances inconsistent with this <br />ordinance in whole or in part are repealed .to the extent necessary to <br />avoid conflict with this ordinance. <br />