The permit holder will forfeit the performance bond under the following conditions.
(A) The permit holder fails to complete the work within the prescribed time and fails to acquire a new permit.
(B) The permit holder, after being duly notified, fails to take remedial action within three working days and complete the repairs within ten working days.
(C) The permit holder fails to pay all charges and assessments within 60 days.
(Ord. 15, 1983, passed 11-15-1983)