MapLink™ | Procedures | Performance Bonds

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Performance Bonds
Performance.
A. In making any decisions varying or modifying any provisions of the Zoning Regulations or in granting an exception to the district regulations, the Board of Zoning Adjustment shall impose such restrictions, terms, time limitations, landscaping, and other appropriate safeguards to protect adjoining property.

B. The Board of Zoning Adjustment may require a performance bond to guarantee the installation of improvements such as parking lot surfacing, landscaping, etc. The amount of the bond shall be based on a general estimate of cost for the improvements as determined by the Board of Zoning Adjustment, and shall be enforceable by or payable to the Board of Trustees in the sum equal to the cost of constructing the required improvements.

C. In lieu of the performance bond requirement, the Board of Zoning Adjustment may specify a time limit for the completion of such required improvements and, in the event the improvements are not completed within the specified time, the Board of Zoning Adjustment may declare the granting of the application null and void after reconsideration.