19.20.045 Methods and procedure for carrying out improvements.
A. If the preliminary plat is approved by the hearing examiner, the city may accept a bond or other secure method providing for and securing to the city the actual construction and installation of minimum improvements in accordance with the provisions of LMC 19.20.042 within one year by any of the following methods:
1. By furnishing the city of Lynnwood with a performance bond satisfactory to the public works director and city attorney, in which guarantee is given the city that the installation of the minimum improvements will be carried out as provided in LMC 19.20.042 and according to the specifications of the public works director within one year;
2. By actual installation of improvements in accordance with the installation requirements and under the supervision of the public works director and furnishing a bond approved by the city attorney securing successful operation of the improvements for a period of 24 months following completion and acceptance thereof by the city;
3. By formation of a local improvement district;
4. By a cash deposit with the city or suitable escrow;
5. By a combination of these methods; and
6. By such other reasonable guarantee acceptable to the public works director and approved by the city attorney.
B. The subdivider may then make application for such permits from the local officers, officials and authorities as are necessary to proceed with the installation of the plat improvements.
C. After completing all minimum improvements, the subdivider shall make written request to the public works director for inspection. After finding that all improvements have been completed or provided for in accordance with the installation standards, the public works director shall so notify the development and business services director.
D. Upon receipt of this notification, the development and business services director shall advise the subdivider that a final plat may be submitted for that portion of the area contained in the proposed plat, subdivision, or dedication in which minimum improvements have been installed or concerning which a performance bond or other acceptable surety has been posted. The subdivider may then submit the final plat in accordance with Chapter 19.25 LMC. (Ord. 3399 § 2 (Exh. A), 2021; Ord. 2957 § 23, 2012; Ord. 2463 § 6, 2003; Ord. 1314 § 6, 1983)