§ 153.03 DEPOSIT OR SECURITY FOR PAYMENT.
   (A)   Restoration of pavement or payment of the cost thereof must be assured in one of the following ways:
      (1)   The applicant has made a cash deposit equal to the estimated charge for restoration at schedule prices;
      (2)   The applicant is operating under a contract with the village involving the opening of public ways, in which case he or she may obtain a street opening permit without cash deposit, but all restoration charges shall be paid on completion of the contract work and prior to payment to the contractor of the final estimate of money;
      (3)   In the event that the contractor fails to keep the restoration work fully apace with the trench work, the permit may be cancelled and the contractor required to make the deposits as specified in division (A)(1) above. In the case of large contracts involving long trenches, the contractor shall pay promptly any partial billing of restoration charges. The village reserves the right to withhold any or all unpaid restoration charges from any funds due the contractor;
      (4)   The applicant is a village or county department whose functions require the installation or maintenance of underground structures; and
      (5)   The applicant is a public utility corporation whose franchise empowers it to make its own paving restoration, but such permits will be issued only when the restoration work keeps fully apace with the openings being made. Such corporations shall pay promptly all bills for inspection at scheduled rates, and all bills for restoration done by village forces.
   (B)   If at any time during the course of the work it appears that the cash on deposit is inadequate to cover the cost of restoration, an additional sum shall be deposited by the permittee in an amount equal to the difference between the deposit and the revised estimate of charge.
   (C)   Where the contractor makes his or her own restoration, or operation is of unusual size or difficulty, the village reserves the right to assign an inspector to control street opening or street restoration. In such cases, the permittee shall bear the entire cost of such inspection and shall deposit with the village the estimated amount of such inspection in advance. If underestimated, the permittee shall advance additional funds.
(2000 Code, § 153.03) (Ord. O-23-81, passed 10-26-1981)