(A) A performance bond shall be required by a permit which is issued for construction or reconstruction of a commercial driveway to protect the village against the cost of completing construction or correcting deficiencies. A reasonable amount of coverage of the bond shall be determined by the Department of Public Works Supervisor. A bond shall not be required from a governmental agency.
(B) Acceptable types of bonds may be a certified check or money order payable to the village or a surety bond acceptable to the village.
(Ord. 2008-01, passed 5-12-2008)