Scot Hazard is an Eagle Mountain developer who prepares subdivisions with sidewalks, curb and gutter and roads so that builders can put up homes. Hazard and developers like him are required to put tens of thousands of dollars in an account for two years as a bond guaranteeing their work. The amount of the bond depends on the size of the subdivision.
If a sidewalk or road needs to be replaced, the money is used by the city to make repairs. If nothing goes wrong, the developer gets the money back.
Authorities from the Home Builders Association said they agree Eagle Mountain and other cities need to loosen their requirements, and will take the fight to other cities. Eagle Mountain is expected to vote on whether to change its city code in May.
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