Prior to the commencement of any construction, a construction permittee, excluding the county or village shall deposit with the Public Works Superintendent, in a form acceptable to the Director of Law, an irrevocable, unconditional letter of credit and/or surety bond in an amount determined by the Public Works Superintendent to be appropriate, based upon fair and reasonable criteria. Unless a construction default, problem, or deficiency involves an emergency or endangers the safety of the general public, the Public Works Superintendent shall serve the construction permittee with notice detailing any construction default, problem, or deficiency. If the Public Works Superintendent determines that correction or repair of the construction default, problem or deficiency has not occurred or has not been substantially initiated within ten calendar days after the date following service of notification and detailing the construction default, problem or deficiency, then the village may attach the letter of credit or surety bond. Upon attachment, written notice shall be served on the construction permittee by the Public Works Superintendent.
(Ord. 03-02, passed 2-25-02; Am. Ord. 06-18, passed 9-24-18)