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§ 151.065 SECURITY FOR COMPLETION OF WORK.
   (A)   (1)   Prior to commencement of work, the company must deposit with the city security in the form of certified check, letter of credit or construction bond, in a sufficient amount as determined by the Administrator for the completion of the work.
      (2)   If more than three work projects are to be constructed during a calendar year, the applicant may, in lieu of individual securities, deposit $2,000 with the city in a form satisfactory to the Administrator.
   (B)   The securities will be held until the work is completed plus a period of two months thereafter to guarantee that restoration work has been satisfactorily completed. The security will then be returned to the company with interest if held for a sufficient length of time to be required by law and then interest at the applicable statutory rate.
(Prior Code, § 20-56) (Res. 1995-9, passed 10-17-1995)
§ 151.066 INSPECTION OF WORK.
   When the work is completed, the company must request an inspection by the Administrator. The Administrator will determine if the work has been satisfactorily completed and provide the company with a written report of the inspection and approval.
(Prior Code, § 20-57) (Res. 1995-9, passed 10-17-1995)
§ 151.067 DISPLAY.
   Permits shall be available at all times for ease of inspection on the indicated worksite or at a site mutually agreed upon by the city and a company.
(Prior Code, § 20-58) (Res. 1995-9, passed 10-17-1995)
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