In lieu of making the special deposits required by Section 11.36.060 and 11.36.070 the subdivider may make and maintain with the city a general deposit in an amount determined by the officer with whom the deposit is made to be sufficient to protect the city’s interest. Such deposits shall not be less than one thousand dollars. The general deposit shall be held and used for the same purposes as a special deposit.
(Ord. 537 § 2 (part), 1985)