Utility Improvements Credit

Normally the plat is recorded prior to the Utility Final Inspection. Even if all Utility improvements are installed and tested, the maximum credit towards posting a Performance Bond is 85% (i.e. 15% of the Total Utilities Cost is required as Bond).

In order to obtain 100% credit for Utilities installed and post 0% for a Utility Performance Bond, the following sequence can be followed:

1. The plat has to be signed by Directors of Development & Permits and Planning and ready for recordation, i.e. plat fees paid, subdivision agreement and bond executed, etc.
2. Utility Final Inspection.
3. Plat is recorded.
4. Utilities are activated.