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ORDINANCE 93- 8 SECTION 22: Section 954.11 is hereby established to read as follows: Section 954.11 Security for construction of required paving improvements For projects projected to generate/attract less than one hundred (100) average daily trips, a certificate of occupancy (C.O.) may be issued without construction of required driveway/parking area paving improvements if a contract for construction of required paving improvements has been properly executed and if security has been posted in an amount equal to one hundred fifteen (115) percent of the estimated cost of the required paving improvements. (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 county engineer 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, if 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. SECTION 23: Amend Section 971.08(10), to read as follows: "(10) Sludge spreading (administrative permit). (a) Districts requiring administrative permit approval, (pursuant to the provisions of 971.04): A-1 A-2 A-3. Coding: Words in type are deletions from existing law. Words underlined are additions. 13 blocked -out 33 MAR 18 1993 BOOK 89 F';,E 84