The purpose of this chapter is to provide the City with mechanisms to ensure that conditions, requirements and all applicable provisions of LMC Titles 12, 17 and 18A associated with site development or building permit approval are met in the manner intended by the City. Financial guarantees include, but are not limited to: assignment of funds; defect, maintenance, performance, surety or warranty bonds; cash guarantees; irrevocable letters of credit; and maintenance securities. [Ord. 726 § 2(Exh. A), 2019.]