§ 902. Procedures for Completion of Improvements

A. General Procedures. Before any land development or subdivision plan is endorsed by the Planning Board, and before the recording of any subdivision plats, the Planning Board shall be required to approve agreements for the completion of all required improvements. Such agreements may, at the option of the developer or subdivider, take the form of:

1. Completion of actual construction of all improvements;

2. Improvement guarantees; or

3. A combination thereof.

B. Private Improvements. Streets constructed as part of a development or subdivision which are to be privately owned may be covered by an improvement guarantee. However, other improvements which are proposed to be privately owned and maintained, such as but not limited to, utilities and drainage systems, may not be covered by an improvement guarantee, but must be constructed prior to recording.

C. Developer's Intent. At the preliminary review stage, the developer shall submit either of the following:

1. A letter to the Planning Board indicating an intent to complete the required improvements prior to the Planning Board's endorsement of the final plan; or

2. A letter requesting that security sufficient to cover the cost of required improvements be established by the Board.

D. Improvements Constructed Prior to Final Plan Approval. If improvements are to be constructed without a financial guarantee, all work shall be completed prior to endorsement and recording. Inspections shall be made by the designated personnel at all required stages of construction. All construction shall be inspected and approved under the direction of the Administrative Officer and according to any adopted procedures. Upon completion of all required improvements, the Administrative Officer shall certify such completion to the Planning Board in writing. A copy shall be provided to the developer or subdivider upon request. The final plan shall be endorsed by the appropriate Planning Board or town official and the plat shall be recorded as provided herein, at which time the lots within the subdivision may be transferred or sold.

E. Improvements Constructed After Final Plan Approval. If improvements are to be guaranteed, the provisions in Section 903 below shall apply.