1042.07 MAINTENANCE BONDS.
    All public water and sanitary sewerage improvements shall be guaranteed by the owner for a period of one year from the date such improvements are accepted by the Municipality. Such guarantee shall include any and all defects and deficiencies in workmanship and material. The cost for all labor, materials, tools, equipment and other incidentals that are required to maintain, repair and replace any and all such improvements and to maintain the same in good and proper condition, excluding ordinary wear and tear, but including filling trenches and restoring lawns, sidewalks, yards, streets, sewers, water mains, etc., during the one year guarantee period, shall be assumed by the owner. If the owner fails to perform such maintenance or to make such repair or replacement within a reasonable time after receiving notice to do so, in writing, from the Municipality, or in the event of an emergency which may endanger life or property, the Municipality may make, or cause to be made, such repair or replacement at the expense of the owner. In order to indemnify the Municipality for the expenses of any such repair or replacement made by or at the direction of the Municipality, a maintenance bond shall be posted by the owner. Such bond shall be in the amount of at least ten percent of the cost of such public improvements. At the end of the one year period and at the written request of the applicant, the Municipality will make a final inspection of the water supply or sewerage facilities and, if such improvements meet all applicable standards and requirements of the Department of Service, the maintenance bond will be released and the improvements will be accepted for maintenance and operation by the Municipality.
(Ord. 9-87. Passed 3-9-87.)