Each applicant under this article, other than an owner or occupant, shall file a bond with the village in the amount as set forth in section 13-1 of this code, with surety to be approved by the village board, conditioned to indemnify the village for any loss or damage resulting from the work undertaken or the manner of doing the same. In addition to the bond, each person, other than an owner or occupant, shall deposit with the village the cash sum as set forth in section 13-1 of this code, to guarantee to the village and to reimburse the village for water used, inspection fees, engineer fees, damage incurred to streets or parkways and permit fees; such sum may remain on deposit and be used by the person to guarantee construction of sidewalks under permits issued under this article. When such person certifies to the village that no other construction of sidewalks in the village is intended by him, for a period of one year from date of last permit, such sum may be returned subject to any deductions for the guarantee or reimbursement enumerated above. Provided, further, if such person had deposited the sum as set forth in section 13-1 of this code under the driveway provisions of this chapter, then such sum need not be deposited again, if the person agrees said deposit shall be applicable to sidewalks.
(Code 1969, Ch. 7, Art. 5; Code 1972, § 8-3-11; Ord. 98-6, § 2, 2-9-1998; Ord. 98-12, § 2, 3-23-1998; Ord. 2009-15, § 46, 6-22-2009)