1173.11 BOND.
(a) If a Storm Water Pollution Prevention Plan or Abbreviated Storm Water Pollution Prevention Plan is required by this regulation, soil disturbing activities shall not be permitted until a cash bond of $1,500 (minimum), or $1,500/acre depending on site size, has been deposited with the City of Aurora Finance Department. This bond shall be posted for the City of Aurora to perform the obligations otherwise to be performed by the owner of the development area as stated in this regulation and to allow all work to be performed as needed in the event that the applicant fails to comply with the provisions of this regulation. The bond or other financial guaranty shall provide that upon a determination by the City of Aurora Engineer that the owner or applicant has failed to comply with the requirements of this Chapter within the time frame(s) herein set forth, and upon notice, the City of Aurora is authorized to perform the owner's or applicant's obligations under this Chapter. The bond or other financial guaranty shall further provide that upon the City of Aurora completing any portion of the owner or applicant's responsibilities under this Chapter, the City of Aurora Finance Department is authorized to pay to the City the actual cost of compliance with this Chapter, plus a 25% administrative fee. The City of Aurora Finance Department shall thereafter invoice the owner or applicant for an amount necessary to restore the bond or financial guaranty to the full amount required under this Section. The cash bond shall be returned, less the City of Aurora's administrative fees as detailed in Chapter 1173
of the City of Aurora's Codified Ordinances, after all work required by this regulation has been completed and final stabilization has been reached, all as determined by the City of Aurora Engineer.
(b) City of Aurora action or declination of action with respect to the bond required by this Section does not preclude the City of Aurora from instituting any other action or enforcement proceedings authorized under this code or any other federal, state, or local regulation.
(Ord. 2010-182. Passed 2-14-11.)