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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 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 financiai security shall be released <br />to the applicant. The permit shall also provide that it is binding on all heirs, assigns, 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? Administrative Appeals <br /> <br /> Subdivision 1. Appeals Board Designation. The~"~--:.,,,~,~.s .... <br /> ^ ~: .... Appeals. <br />~ .... :~:~ Ci~ Council shall se~e as the Board of ~ ~wuotmc,~ ~ <br /> <br /> Subd. 2. Applicability. An. appeal Shall only be applicable' to <br />...... v ............. $ ................ the administration of the provisions of this Chapter ,~, <br /> <br /> Subd. 3. Filing. An appeal from the ruling of ,,, administrative c~¢¢r the <br />Zoning Administrator of the City shall be marc initiated in writing by the property owner or' <br />their agent within thigy days ................. ~ ................ s ~vv~ ..... e date <br />Staffs wri~en determination or interpretation. <br /> <br />Subd. 5. <br /> <br />Procedure. The procedure for making such an appeal shall be as <br /> <br />follows: <br /> <br />9.03 - Administration <br /> <br />9-50 March '03 Draft <br /> <br />155 <br /> <br /> <br />