§ 152.21 CONTRACTOR'S BOND.
   (A)   Prior to the issuance of a building permit for a new structure, (accessory structures such as in-ground swimming pools and garages), the remodeling of an existing structure where any excavation or dirt removal will be conducted, a cash deposit in the following amounts for the following structures shall be deposited with the City Finance Director for the purpose of assuring the prompt removal of any dirt, mud, stone, or debris deposited on any street, sidewalk or alley within the city by a general contractor or any of his subcontractors, namely:
      (1)   Single-family and two-family residential - $300/building.
      (2)   Multi-family, commercial and industrial structures - $500/building.
      (3)   Accessory structures such as in-ground swimming pools and garages - $100.
      (4)   Remodeling of existing structures where any excavation or dirt removal will be conducted - $100.
   (B)   If any cash deposit that has not been forfeited to remedy the failure to promptly remove any dirt, mud, stone, or debris on or damage done to any street, sidewalk or alley within the city by a general contractor or any of his/her subcontractors is not requested by the applicant for reimbursement within 12 months following final approval of the construction, the remaining cash deposit shall be forfeited to the city. If a final inspection is not requested by the applicant within ten business days of being notified by the Building Official or their designee and the permit has expired or is found to be completed, any remaining cash deposit shall be forfeited to the city.
(Ord. 20-001, passed 3-4-20; Am. Ord. 23-007, passed 3-1-23)