(a) Generally. Except as provided in subsection (b), a public works agreement and forestation agreement shall be accompanied by security in the amount required by Title 11. The security shall be in the form of a cash deposit, certified check, cashier's check, irrevocable letter of credit, or bond from a bonding company or financial institution acceptable to the County. When security is required to be in the amount of the estimated cost of improvements, the developer shall provide to the Office of Planning and Zoning for its consideration and approval a cost estimate for completion of the improvements required by the agreement.
(b) Exceptions. A public works agreement for minor utility work, as determined by the County, or for a Mayo Tank System need not be accompanied by security.
(Bill No. 3-05; Bill No. 77-05)