(A) For individual or isolated projects, no such permit shall be issued unless and until the applicant therefore has deposited with the Clerk a cash deposit in the sum of $250 if no pavement is involved, and $1,000 if the excavation is a paved area, to insure the proper restoration of the ground and laying of the pavement, if any.
(B) For other ongoing projects, such as the laying of substantial lengths of line/cable, a blanket cashiers’ check in the amount of $5,000 in addition to the $1,000 security deposit must be submitted with the permit application.
(C) For projects where city officials estimate that the blanket deposit in the amount of $5,000 does not adequately protect the city, the city shall reserve the right to require a separate deposit in excess of $5,000 deposit, execution of a separate master right-of-way license agreement to insure the proper restoration of the ground and laying of pavement, and City Council approval.
(D) From this deposit shall be deducted the expense to the city of relaying the surface of the ground or pavement and of making the refill if this is done by the city or at its expense and the balance shall be returned to the applicant without interest after the tunnel or excavation is completely refilled and the surface or pavement is restored.
(E) The City Council may waive the deposit in this section.
(1999 Code, § 33-4-5) (Ord. 04-23, passed 4-11-2023)