§ 25-64. Warranty security.

Upon acceptance of dedicated subdivision improvements by the county, the subdivider shall provide security in the amount as required by the county to guarantee the improvements throughout the warranty period. The amount of the warranty security shall be not less than ten percent (10%) of the cost of the construction of accepted improvements and not less than twenty percent (20%) of the cost of improvements which are not dedicated to and accepted by the county. The security shall be retained for the one (1) year warranty period.