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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 in 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 tile 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 permit shall also provide that it is. binding on all heirs, assigns, and
<br />successors oi' the applicant. A copy of the permit shall be kept on file as part of the permanent
<br />record of' the site.
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<br />9.03.09g
<br />
<br />Admi:nistrative Appeals
<br />
<br /> Subdivision 1. Appeals Board Designation. The r~,.~..; .....
<br />Ge~'u~issicn City Council shall serve as the Board of, ~'.,~'~;''''+~o.-~...* ~,,~'"~4 Appeals.
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<br /> Subd. 2. Applicability. An appeal shall only be applicable to
<br />mt,., v,,~t,,,,,,. ~ ........ ~; .... ,~r~,,.~,~,;'4~+: ..... .... ,,,~,,,;"+~* the administration of the .provisions of this Chapter: ~,
<br />
<br /> Subd. 3. Filing. An appeal from the ruling of an adm:.nL~trati:'c officer th.e
<br />Zoning Administrator of the City shall be made-initiated in writing by the property owner or their
<br />agent within thirty (30) days ~n,,,. a,~ ~,~.~ ,,,- ~, ...... ,~.. ~,~;,~ ..... ~
<br /> ................. ~ ............... ~ ,wv .... d. of the date of StafFs
<br />written determination or interpretation.
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<br />161
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