§ 30-278. Methods of assurance.

(a)

Pre-approved forms. The only pre-approved forms of assurance in the county are the performance bond and the property escrow trust agreement per Exhibits A and B of this chapter.

(b)

Alternate forms of assurance.

(1)

A developer may propose the use of forms of assurance other than the pre-approved assurances listed above, and any such proposal will be considered an alternate form of assurance.

a.

All proposed alternate assurances shall be submitted to the director with the initial submittal of the subdivision final plat as an unexecuted draft. The director shall forward the proposal to the county attorney and the county engineer for review. An executed document is required prior to scheduling the assurance or the final plat for board approval.

b.

Upon the completion of review, the director shall schedule the proposal for the consideration of the board of supervisors.

(2)

The board of supervisors shall not approve the use of any alternate assurance without a recommendation of approval from the county attorney's office for the form and content of the assurance.

(3)

The assurance must guarantee for the county a readily available fund equal to or exceeding the county engineer-approved cost estimate for all on-site and off-site subdivision improvements.

( Ord. No. 2001-01 , § 4.2, 2-20-2001; Ord. No. 2004-04 , § 4.2, 12-6-2004; Ord. No. 2010-06 , § 4.2, 4-5-2010; Ord. No. 2012-01 , § 4.2, 4-2-2012)