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(A) The contract shall be on a form provided by the county and shall obligate the developer to complete all required paving improvements, in accordance with the approved site plan(s) and county development regulations and standards, within a period of twenty-four months of the date of the C.O. (B) The estimated cost of paving shall be approved by the public works director or his designee • after review of an itemized cost estimate certified by the developer's engineer or review of an actual itemized contract price bid.. (C) The surety posted to guarantee performance of the contract shall expire, it at all, no less than ninety (90) days 'beyond the last date for performance established by the contract. The surety shall run in favor of � the board of county commissioners, must be in a form acceptable to the county attorney, and may be either: 1. A cash deposit and escrow agreement governing control and use thereof, or 2. An irrevocable letter of credit, (issued by a financial institution authorized to conduct business within the state. E. Sections 952.12(6) and (7) are hereby amended to read as follows: (6) Driveway signalization Any driveway requiring a traffic signal shall conform to those warrants specified in the Manual of Uniform Traffic Control Devices, U.S. Department of Transportation, Federal Highway Administration, 1986. The manual is adopted herein by reference, and a copy shall be maintained for public inspection in the office of the • - • public works director or his designee. The installation of any traffic signal shall be subject to the accepted standards and approval of the engineering department. (7) Driveway Criteria Driveway design shall conform to requirements herein set forth and shall conform to the guidelines of the Federal Highway Administration, Report No. FHWA-RD-76-87, "Technical Guidelines for Control of Direct Access to Arterial Highways,' dated August, 1975, and the Institute of Transportation Engineers recommended practice as set forth in "Guidelines for Driveway Design and Location," dated 1974. Both guidelines are adopted by reference, and a copy of each shall be maintained for public inspection in the office of theR9,111DVAIMMIF CM public works director or his designee. 12. Minimum Driveway Widths for Certain Residential Projects. Section 952.08(1)(e) is hereby amended to read as follows: (e) Minimum right-of-way and Pavement Requirements; Credit for Dedicated Land. The following minimum pavement Coding: Words in • • -• • type are deletions from existing law. Words underlined are additions.