(A) No permit shall be issued for any excavation or filling under this section until an appropriate cash or approved surety bond, in any amount and in such form as may be approved by the Building Commissioner and Clerk-Treasurer, is posted for the repair, replacement and/or restoration of any sidewalk, curb, road or other public way that may be required as a result of this issuance of said permit.
(B) The repair, replacement and/or restoration of any sidewalk, curb, road or other public way that may be required as a result of the issuance of said permit, shall be completed to the satisfaction of the Building Commissioner and the Town Engineer within ten days of the completion of the project described in the permit, or the bond shall be applied to cover the costs of completing said repair, replacement and/or restoration.
(C) A maintenance bond shall be posted for all street repairs and shall be valid for a period of two year after the project and all road restorations are completed.
(Ord. 2001-13, passed 10-22-01)