No such permit shall be granted or issued by the Auditor or Council unless and until the City is first properly secured, to the satisfaction of the Auditor or Council, by either a cash deposit or a good and sufficient bond, conditioned that such permittee will, within ninety days after the completion of such installation, construction or excavation work, restore the premises, including excavated pavement, to as near the appearance and condition previous to such excavation and construction as is practically possible. The bond or deposit is to remain in full force and effect for a period of one year from the date such excavation or construction is completed, and the bond or deposit shall be in the amount of ten dollars ($10.00) per lineal foot; based upon the estimated length or any trench or excavation, but in no event less than twenty-five dollars ($25.00). No bond or deposit shall be cancelled or returned to the permit holder until such excavation, installation, construction and restoration shall have been inspected and approved by the Superintendent of City Services.
(Ord. 372. Passed 8-28-51.)