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An application for a latecomer agreement must be submitted to the city within 90 days after: (A) the city notifies the owner that the water and/or sewer facilities constructed by the developer are acceptable to the city for city operation and maintenance; and (B) the developer has posted a two-year maintenance bond. Failure by the developer to submit a complete application prior to this deadline constitutes a waiver of the ability to request execution of a latecomer agreement with the city. (Ord. 942 § 1, 2003).