Before any street excavation or tunneling permit can be issued by the City Engineer or the City Manager’s Designee, the applicant shall present to the City a street maintenance and performance bond with a good and sufficient surety. The amount of the bond shall be five thousand ($5,000) per street cut, with a maximum of fifty thousand dollars ($50,000) for multiple street cuts. The bond shall be in effect for a period of one year from the final inspection and shall guarantee the pavement is replaced, restored and maintained in a satisfactory condition.
(Ord. 2007-130. Passed 11-5-07.)