1042.05   BOND FOR CONSTRUCTION OF SANITARY AND STORM SEWER LATERAL.
   (a)   In each instance of new construction of a single-family residential sanitary or storm sewer lateral the owner shall provide a cash bond in the amount of four hundred dollars ($400.00) to insure that the sewer lateral ground surface on the Municipal property is restored to the same condition after construction as it was in before construction. The bond pursuant to this section for multi-family properties shall be five hundred dollars ($500.00), and the bond for commercial, industrial, public and quasi-public properties shall be one thousand dollars ($1,000.00). An additional seventy-five dollars ($75.00) shall be provided for a final inspection charge. For commercial, industrial, or public or quasi-public properties, if a municipal inspector needs to be on a construction site to observe and/or inspect work for more than one-half hour, the permit holder will be billed at the rate of forty-two dollars ($42.00) per hour. The project manager or project foreman shall sign an inspection time sheet identifying the time period the inspector was present for the inspection. A minimum extra time inspection fee of seventy-five dollars ($75.00) shall be charged. The reinspection fee shall be forty dollars ($40.00).
   (b)   In each instance of repair or reconstruction of a sanitary sewer lateral, the owner shall provide a cash bond in the amount of three hundred fifty dollars ($350.00) to insure that the ground surface on the Municipal property is restored to the same condition after construction as it was before construction. An additional seventy-five dollars ($75.00) shall be provided for a final inspection charge. For commercial, industrial, or public or quasi- public properties, if a municipal inspector needs to be on a construction site to observe and/or inspect work for more than one-half hour, the permit holder will be billed at the rate of forty- two dollars ($42.00) per hour. The project manager or project foreman shall sign an inspection time sheet identifying the time period the inspector was present for the inspection. A minimum extra time inspection fee of seventy-five dollars ($75.00) shall be charged. The reinspection fee shall be forty dollars ($40.00).
    (c)   The cash bonds provided for in subsections (a) and (b) hereof shall be held for a minimum of one year after the completion of the construction and shall be returned after that time by the Finance Director, without interest, upon approval of the work after an inspection by the Superintendent of the Service Department confirms that the project has been satisfactorily completed and is in full compliance with all ordinances of the Municipality. Should, however, repairs be needed to restore the ground and street surface of the sewer lateral to their original condition during the one-year period, notification shall be given to the owner to repair the same. If the repairs are not completed by the owner within ten days after such notification, the Municipality shall make the repairs, with all costs to be borne by the owner. In this event, the owner's cash bond shall then be used to help offset all or part of these costs, with the balance due to be paid by, or refunded to, the owner. The overtime cash bond provided for in subsections (a) and (b) hereof shall be forfeited to the Village if the inspection is not completed between 8:00 a.m. and 3:30 p.m. weekdays, and shall be refunded upon the Service Director's verification to the Finance Director that the inspection was completed between 8:00 a.m. and 3:30 p.m. weekdays.
(Ord. 1999-52. Passed 8-11-99; Ord. 2000-39. Passed 4-12-00; Ord. 2008-61. Passed 10-22-08; Ord. 2013-41. Passed 5-8-13.)