The corporate authorities of the city have found, determined and declared that it is in the health, safety and welfare of the citizens of the city that provisions be made and provided for in the city’ s codes and ordinances to require that streets, roads and traffic ways that exist in territory annexed to the city be upgraded to meet the standards of design and construction the city requires for subdivision streets in the city, where the streets, roads and traffic ways are not in compliance therewith at the time of annexation. Consequently, the owners and developers of property annexed to the city which adjoins streets, roads and traffic ways that are not constructed in accordance with the standards established for street layout and construction in the city’ s subdivision code shall be required to conform to the following principles and standards of land development in the development of their property after it is annexed to the city. (Ord. 1329 § 1 (part), 1995: prior code § 33-8-1)