(a) If a Storm Water Pollution Prevention Plan or Abbreviated Storm Water Pollution Prevention Plan is required by this regulation, soil disturbing activities shall not be permitted until a cash bond has been deposited with the Finance Department. The bond amount for the Storm Water Pollution Prevention Plan shall be a twenty thousand dollar ($20,000) minimum, and an additional three thousand dollars ($3,000) paid for each subsequent acre or fraction thereof. The bond will be used for the Village to perform the obligations otherwise to be performed by the owner of the development area as stated in this regulation and to allow all work to be performed as needed in the event that the applicant fails to comply with the provisions of this regulation. The cash bond shall be returned, less unpaid fees after all work required by this regulation has been completed and final stabilization has been reached, all as determined by the Village Engineer.
(b) No project subject to this regulation shall commence without an SWP3 or Abbreviated SWP3 approved by the Village Engineer.
(Ord. 2007-73. Passed 12-12-07.)