Upon the granting of the application for the permit, the Director of Buildings shall be instructed to issue the permit containing the conditions imposed upon it, if any, by the Board of Zoning Appeals, and the permit shall be issued to the applicant upon making a cash deposit or, in lieu thereof, posting a bond made payable to the City. The condition of such deposit and bond shall be performance in accordance with the terms of the permit. The bond shall be signed by the applicant and a surety company or two good and sufficient sureties satisfactory to the Mayor. The bond shall be in the amount of five hundred dollars ($500.00) for each acre or fraction thereof of property described under the permit. The cash deposit shall be determined by the Director of Buildings, but shall not be more than twenty-five thousand dollars ($25,000). The bond shall be filed with the Director of Finance. Cash shall be deposited with the Director.
(Ord. 1985-29. Passed 10-14-85; Ord. 1990-18. Passed 4-23-90.)