(A) In addition to all other applicable permit fees or charges or bonds which may be required by ordinance, the applicant for a building permit for any construction within the Village shall pay, in cash or cashier's, certified or company check, a security deposit as indicated in section 1-27-1 of this Code and in accordance with the following:
For flood controls | $100.00 |
(Ord. 2005-24, 1-19-2006; amd. Ord. 2017-18, 11-16-2017)
(B) The security deposit required herein is to guarantee the performance by the permit holder of the obligation to maintain the building site and adjacent public and private property in a clean condition both during and after construction; the removal of dirt, debris and litter from public property; and the restoration of public property. No interest shall be paid upon any security deposit.
(C) Within a time period not to exceed three (3) days after completion of any construction, the depositor may apply for a refund of such security deposit. If, upon inspection and certification of compliance by the Building Commissioner that the premises and adjoining public property is clean and the conditions of the deposit met, the deposit shall be returned within thirty (30) days of the date the refund application is submitted to the Building Commissioner.
(D) Should it become necessary for the Village to undertake to perform any of the obligations for which the security deposit was given, the entire amount of the deposit shall be available and a charge shall be made against the security deposit for costs or expenses charged by a Village contractor, or in the event the Village performs such obligations, the charge shall be at the normal rate paid public works employees of the Village, plus a forty three percent (43%) overhead charge. (Ord. 2005-24, 1-19-2006)