(A) Where the reports indicate failure to initiate work on schedule or to complete work on schedule in full compliance with the terms of the performance guarantee, the City Engineer shall so indicate to the applicant, any surety company involved and the City Manager. The notice shall indicate that unless action required under the terms of the performance guarantee is completed within 30 days of the date of the notification, the performance guarantee or portions thereof set forth in its terms shall be called.
(B) Unless the action is completed, as evidenced by inspections and reports of the City Engineer, the City Manager shall call the performance guarantee or affected portions thereof.
(Ord. No. 1941, § 1, passed 1-12-1989)