A surety shall be posted with the department of public works office for Categories III through VII roads if the developer requests to delay construction to allow the sale of property(ies) within the development before construction is complete. This surety will guarantee the completion of the road and/or drainage improvements that are required and shall conform to the following conditions:
A. The surety shall be of a form approved by the Skamania County prosecuting attorney.
B. The surety shall be equal to three hundred percent of the total road and drainage construction estimate by the county engineer and approved by the director of public works. Included in this estimate shall be twenty-five percent for contingencies and inflation.
C. The surety shall be for two years, at which time it may be extended for one additional year at the option of the director of public works. A new amount will be calculated at that time.
D. The surety shall be used by the director of public works to make the required improvements if the improvements are not made in the allotted time.
E. The surety shall include granted and notarized agreements for access for public officials, or their designee, to ensure the completion of the development utilizing the surety to fund the completion as designed.
F. One hundred percent of the surety may be released upon completion of the work by the applicant and approval of the completed work by the director of public works.
G. No building permits for any lots within the proposed development will be issued until the work covered by the surety has been completed and the final approved development drawings have been recorded.
H. A surety commensurate with the extent of work to be done shall be required and posted with Skamania County prior to the issuance of a permit. (Ord. 2008-02 (part): Ord. 2007-02 (part): Ord. 2000-07 (part); Ord. 1986-02 (part))