E. - Extension of bond agreement.

The subdivider may request and be granted by the city council, an extension of the expiration date of the performance bond for a period not to exceed one year, provided that:

1.

All surety agreements have been acquired and accepted by the city.

2.

The subdivider has submitted an acceptable program of completion to the zoning administrator and city engineer.

3.

Inspection of existing physical improvements is found satisfactory.

4.

There have been no undue and unattended complaints lodged against the subdivider or the subdivision.

5.

The subdivider's request for extension of the bond sufficiently addresses the reasons which have precluded the completion of the project within the original bond period.

6.

The bond cost estimate has been updated to the satisfaction of the city engineer.

7.

The subdivider's extension request is received by the city engineer thirty (30) days prior to the end of the period of the bond agreement.