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To ensure that the site is developed in accord with the approved plans and City specifications, <br />the applicant shall provide a cash escrow, certificate of deposit, letter of credit from an <br />acceptable financial institution, performance bond, or pledge and payment. The financial <br />security shall be in an amount which equals 150% of the estimated construction cost of all <br />required City improvements (as estimated by the City Engineer) as outlined .fi2 this chapter <br />exclusive of the cost of the actual building(s) to be constructed on the site. The financial security <br />required herein may be used by the City to install or complete any of the City's required on-site <br />improvements in the event the applicant fails to do so. Upon request by the applicant, the City <br />may release the financial security in partial payments on a pro rata basis as the various on-site <br />improvements are completed to the satisfaction of the City Engineer. Upon final approval by the <br />City Engineer certifying that all on-site improvements have been completed in accordance with <br />the development agreement and City standards, the remaining financial security shall be released <br />to the applicant. The pcnnit shall aisc, provide that it is bindimz on all heirs, assi,_ms, and <br />successors of the applicant. A copy of the permit shall be kept on file as part of the permanent <br />record of the site. <br /> <br />9.03.0_9~ <br /> <br />Administrative Appeals <br /> <br /> Subdivision 1 Appeals Board Designation· The t,, .... : .....-~ 7~_;~.. <br /> <br />Commission City Council shall serve as the Board of ''~ ~;'"~* .... * <br /> .... j .......... and Appeals. However, any <br /> <br /> Subd. 2. Applicability. An appeal 'shall only be applicable to a-~ <br />...... ~ ................ s .................. the administration of the provisions of this Chapter: or ;ts <br /> <br />noto.,.o~*,""'k:'"""' ~,.. <br /> <br /> Subd. 3. Filing. An appeal from the ruling of ~_ ~,~_,;~; ..... *:v~ ~cg,~- tj~e <br />Zonin,4 Administrator of the City shall be made-initiated in writinv, by the property owner or their <br />agent within thirty (30) days ..r, .... d ...... 1..4~_ ^¢ +l ....... ..1..~ 1....4 ........... 1... <br /> .................. s ................ s m-'v .... d. of the date of staffs <br />written detem~ination or interpretation. - <br /> <br />9-47 <br /> <br />........... Dra <br /> <br /> <br />