The city shall require the applicant or owner of the property on which the mineral extraction is occurring, to post a bond, letter of credit or cash escrow in such form and sum as determined by the City Council as part of the permit. The security shall be sufficient to reimburse the following costs:
(A) Costs of bringing the operation into compliance with the mineral extraction permit requirements, including site monitoring and enforcement costs;
(B) Extraordinary costs of repairing roads due to the special burden resulting from the hauling of materials and traffic associated with the operation. The amount of such cost shall be determined by the City Engineer;
(C) Site restoration; and
(D) Costs the city may incur in enforcing the terms of the mineral extraction permit, including attorney's fees.
(Ord. 2015-02, passed 6-8-2015)