This document discusses performance guarantees for subdivision development and the challenges municipalities face when developers default. It outlines acceptable forms of performance guarantees including cash deposits, tri-party agreements, bonds, and covenants. It provides examples of situations where certain types of guarantees went well but also cases where they failed, leaving municipalities with incomplete infrastructure projects. The document seeks responses to challenges like how to handle deteriorating roads or a developer who won't complete the project. Overall, it examines how municipalities can better protect themselves from financial and legal risks when developers do not fulfill their obligations.