1020.04 BOND REQUIRED.
   The Director of Service shall not issue any permits under this chapter unless the applicant for such a permit has deposited in cash an amount equal to the City Engineer's estimated cost of the work, including required restoration, for which the permit is to be issued, but not less than one hundred dollars ($100.00), with the Director of Finance as a bond guaranteeing compliance with this chapter or any permit issued pursuant thereto, which sum shall be refunded to the grantee of any such permit upon completion of the work and restoration required by this chapter less the amount of any costs incurred by the City, including multiple inspections of unsatisfactorily performed work or restoration, as a result of the issuance of any such permit.
(Ord. 74-02. Passed 1-8-74.)