Issuance of a storm water permit may be conditioned upon the developer submitting to the City, in a form and amount satisfactory to the City, a letter of credit or other financial guarantee for the timely and satisfactory construction of all storm water runoff facilities and site grading in accordance with the approved drainage plan. Upon certification by a registered professional engineer that the storm water runoff facilities have been completed in accordance with the approved drainage plan including, but not limited to, the provisions contained in Section 1043.08(h) of this chapter, the City may release the letter of credit, or other financial guarantee subject to final City acceptance and approval.
(Ord. 07-2002-10. Passed 7-2-02; Ord. 573. Passed 3-1-23.)