A. The street(s) surface excavated or damaged shall be replaced by the permittee to as good or better condition as the same was in before such work was begun and shall be maintained for the life of the utility encroaching in the public road after the completion of the work performed under the permit, during which life time period the permittee shall repair and make good any injury or damage to any portion of the street(s) which occurs as a result of work done under the permit, including any and all injury and damage to the street(s) which would not have occurred had such work under said permit not been done.
B. The permittee shall maintain a bond with the City Engineer in an amount prescribed by the City Engineer sufficient to comply with the repairs required in this Section, which shall be forfeited and the proceeds used by the City Engineer to perform the necessary repair work prescribed by this Section in the event the permittee fails to make said repairs.