4.82: COMPANY DEFAULT:
   A.   Notice: If the company is in default in the performance of the work authorized by the permit, including, but not limited to, restoration requirements, for more than thirty (30) days after receiving written notice from the city of default, the city may terminate the rights of the company under the permit. The notice of default must be in writing and specify the provisions of the permit under which the default is claimed and state the grounds of the claim. The notice must be served on the company by personally delivering it to an officer thereof at its principal place of business in the state, or by certified mail to that address.
   B.   City Action On Default: If the company is in default in the performance of the work authorized by the permit, the city may, after the above notice to the company and failure of the company to cure the default, take such action as may be reasonably necessary to abate the condition caused by the default. The company must reimburse the city for the city's reasonable costs, including costs of collection and attorney fees incurred as a result of the company default. The security posted under subsection 4.80E of this chapter will be applied by the city first toward payment for such reimbursement. (Ord. 84, 6th Series, eff. 3-21-2016)