1307.03 BONDS.
   No building permit shall be issued unless and until the applicant for such permit deposits with the Director of Finance a cash bond in the amount of one thousand dollars ($1,000) as a guarantee that adequate protection will be provided and that no damage will be done to any curb, tree lawn, sidewalk, ditch or culvert in connection with the construction, enlargement, alteration, repair or removal of any building. Such deposit shall also guarantee that no dirt, mud, building material or other nuisance will be deposited or left upon the streets, sidewalks, tree lawns or in the ditches of the Municipality in connection with such construction, enlargement, alteration, repair or removal. If such damage, deposit or nuisance is not corrected or removed by the permittee, the Building Inspector shall charge the cost thereof to such depositor. In the event the sum so deposited is not sufficient to pay such cost and expense, the permittee or the owner of the property shall be liable to the Municipality for any balance remaining. Such deposit shall also be held by the Inspector as a guarantee that when any opening is made in any street or public ground or tree lawn in connection with the work performed pursuant to such permit, such permittee will promptly and at the proper time, or at such times as instructed by the Inspector, replace and restore the street, pavement, sidewalk, tree lawn or other public property over any such opening to as good a state and condition as found previous to opening the same. Such deposit shall be held for such purposes and also in accordance with the provisions of Section 1307.11 and the provisions of Chapter 901. Upon the completion of the work for which a permit has been granted, and when the Inspector is satisfied that all the conditions and requirements provided for herein have been satisfied, such deposit or any unused portion thereof may be returned to the permittee.
   Where an application for a permit involves industrial or commercial construction, the Inspector may require a larger cash bond, not more than five thousand dollars ($5,000), commensurate with the size of buildings and the possible damage to public streets, subject to all
of the provisions of this section.
(Ord. 2006-47. Passed 7-24-06.)