A.

Prior to issuance of building permits for structures, the applicant shall either install and complete all private service improvements, including streets, pedestrian ways, utilities, landscaping and buffering, or file an improvement guarantee for these items.

B.

The improvement guarantee is an agreement between the applicant and city specifying a development schedule setting forth when service improvements will be made.

C.

The agreement shall be in a form satisfactory to the city attorney, and shall be filed with the city clerk.

D.

The applicant shall file with the agreement one (1) of the following to assure their full and faithful performance:

1.

Certified check;

2.

An irrevocable letter of credit issued by a financial institution authorized to do business in the State of Idaho;

3.

Other surety acceptable to the city.

(Ord. No. 2024-06, § 2, 4-16-2024)