Should the subdivider desire to do certain work prior to entering into an agreement with the City to install and complete all subdivision improvements and land development work, he may make an application to do so under a construction permit. An application for such permit shall be accompanied by detailed plans describing the work which is proposed. The City Engineer may issue the construction permit to the subdivider or his contractor upon application of the applicant; provided, a bond has been posted in an amount which would assure the rehabilitation of the land, including grading and planting, in the event the subdivision map does not record. The performance bond and contractor’s qualifications shall be as provided in this code.