Section 3-860 Improvements Agreement and Financial Guarantee
An improvements agreement shall be required for projects prior to issuing any permits for grading or construction. Between June 1st and October 1st, the Town will not issue a certificate of occupancy until the required and approved mitigation has been completed. Between October 2nd and May 31st, a financial guarantee shall be required by the Planning Director prior to issuing a certificate of occupancy to ensure the mitigation is installed in accordance with the approved plans. Such an agreement may require that the financial guarantee be held for two years from the date of the installation of the mitigation to ensure successful plant establishment. Financial guarantees shall meet the requirements of, and be held, released or drawn upon, as applicable, in accordance with Sections 6-409 E through J.