§ 45-1Partnership for development.
§ 45-2Costs assumed by village.
§ 45-3Costs assumed by owners.
§ 45-4Standards and specifications.
§ 45-5Role of Administrator.
§ 45-6Expectations of development; approval or disapproval.
The village shall encourage the owners of land abutting undeveloped dedicated streets to enter into a partnership to develop these streets.
The village shall, as its share of the partnership, be responsible for the cost of the following materials:
Roadway surface, subsurface and pavement under drainage.
Water transmission lines, accessories and service lines to front lot lines.
Sewer main, accessories and service lines to front lot lines, as well as storm sewer for surface water drainage.
Three-fourths of the materials cost of a necessary sewer pump station.
The owner of the abutting land shall be responsible for all other costs, including labor, engineering services and materials not specifically mentioned in § 45-2 above.
The owner developing the dedicated streets shall meet the standards imposed by village laws and regulations. All specifications must be approved by the Village Engineer. Any waiving of these standards and specifications must be done upon recommendation of the Village Administrator with approval of the Village Board.
The village shall instruct its Administrator to work with the owner in properly developing the dedicated streets. The village shall encourage the owners to place "cuts" within these dedicated streets so that new streets may intersect with them.
The village shall expect the owner to develop only that amount of street upon which new housing can be constructed within a two-year period. The village shall retain the right to approve or disapprove the development of these dedicated streets.
The owner shall insure the proper construction upon these dedicated streets by posting with the village a bond or giving a cash equivalent which will fully protect the village.