The applicant must obtain a single construction permit from the city for the construction of all subdivision improvements. After approval of the preliminary plat, the applicant may apply for a construction permit under either of the following procedures:
(1) Construction before final plat approval. The applicant shall submit construction plans and specifications, along with the security required in section 98-59, as required in this chapter for subdivision improvements. A certificate of ownership shall accompany such plans and specifications. The improvements covered under this permit shall be completed prior to final plat approval; or
(2) Construction after final plat approval. The applicant shall submit construction plans and specifications as required in this chapter for subdivision improvements. The plans and specifications shall be submitted with a final plat for approval and the applicant shall provide the security required in section 98-59 for the performance of such construction. This permit shall be for all improvements which are to be constructed after final plat approval.