14-505. Warranty of improvements required.
   (1)   For work requiring either QLP Permit coverage or a Grading Permit, the property owner shall submit to the Public Works Department a warranty of improvements to assure that the work is completed in accordance with the permitted plans and specifications. Said warranty of improvements shall be in the form of a letter of credit, redeemable at a bank located within the Cookeville city limits, or certified check.
   (2)   At a minimum the warranty of improvements shall remain in force for one (1) year after the anticipated date of the completion of the installation of vegetation. The expiration date shall be specified in the warranty of improvements along with an exact description of the work being guaranteed.
   (3)   The warranty of improvements for clearing operations only shall be in the amount of $1,000.00 per acre for each acre or fraction thereof disturbed or affected by such operations.
   (4)   The warranty of improvements for earthwork or clearing and earthwork operations shall be in the amount of $3,000.00 per acre or each acre or fraction thereof disturbed or affected by such operations.
   (5)   Additional surety, equal to double the amounts required in 14-505(3) and 14-505(4) herein, shall be required where clearing or earthwork is performed in areas designated as floodways, floodplains, sinkhole retention areas or if determined by the Public Works Director, the site is susceptible to landslides. (Ord.#001-08-09, Sept. 2001, as amended by Ord.#004-06-11, July 2004 and Ord. #O13-01-01, January 2013, and Ord. #O-18-10-27, December 2018, and Ord. #O24-06-18, July 2024)