17.32.080 Reduction and release of guarantee.

A. Only after the inspecting engineer certifies that improvements are complete and free from defect, and after receipt of other statements detailed in Section 17.32.070 of this chapter, the city shall release the subdivider from the subdivision improvement agreement.
B. The city council may, upon application by the subdivider, release a portion of the collateral corresponding to the value of the installed improvements. (Ord. 588 § 1(part), 1996)