The applicant for a permit pursuant to Section 921.20 shall furnish a performance surety in the minimum amount of five hundred dollars ($500.00) for each acre or fraction thereof included in said permit. The exact amount of said bond shall be as established by the Service Director and/or City Engineer and is intended to cover any and all expenses for the restoration of said permitted land disturbance if not completed by the applicant.
(Ord. 11-2001. Passed 1-16-01.)