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REL: 6/18/92 ORDINANCE NO. NS-2168 AN ORDINANCE OF THE CITY OF SANTA ANA REPEALING SECTION 33-39, AMENDING SECTION 33-40 AND ADDING SECTION 34-90 TO THE SANTA ANA MUNICIPAL CODE TO AUTHORIZE THE EXECUTIVE DIRECTOR OF THE PUBLIC WORKS AGENCY TO RELEASE BONDS FURNISHED IN CONNECTION WITH STREET IMPROVEMENTS AND SUBDIVISION MAP APPROVALS THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS FOLLOWS: SECTION 1: That section 33-39 of the Santa Ana Municipal Code is hereby repealed. SECTION 2: That section 33-40 of the Santa Ana Municipal Code is hereby amended to read as follows: Sec. 33-40. Acceptance of street improvements. The executive director of the public works agency shall not accept any streets or alleys or improvements thereto until he has determined that all requirements of this article have been fulfilled. When the executive director of the public works agency has determined that all work has been satisfactorily completed and payments made as required by this article, he, or his designated representative, may, on behalf of the city, release any bond required for such work. Upon the release of bonds pursuant to this section, the executive director of public works or his designated representative shall send written notification of such action to the clerk of the council. SECTION 3: That the Santa Ana Municipal Code is hereby amended by adding a section, to be numbered 34-90, which said section reads as follows: Sec. 34-90. Release and reduction of security. Whenever a subdivider has furnished security for the performance of any act or agreement required or entered into in connection with the approval of a subdivision map, including security for labor and material, the executive