1520.12 BOND.
   (a)   If a SWP3 or Abbreviated SWP3 is required by this regulation, soil disturbing activities shall not be permitted until a cash bond has been deposited with the City of Pepper Pike Finance Department. The bond amount shall be a $1,500 minimum, and an additional $1,500 paid for each subsequent acre or fraction thereof. The bond will be used for the City of Pepper Pike 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 owner fails to comply with the provisions of this regulation. The cash bond shall be returned, less City of Pepper Pike administrative fees as detailed in Chapter 1520 of the Pepper Pike Codified Ordinances, after all work required by this regulation has been completed and final stabilization has been reached, all as determined by the City Engineer.
   (b)   No project subject to this regulation shall commence without a SWP3 or Abbreviated SWP3 approved by the City Engineer.
(Ord. 2017-37. Passed 11-15-17.)