(A) The applicant and the owner of record of any proposed wireless telecommunications facilities property site shall, at their cost and expense, be required, jointly if appropriate, to execute and file with the town a bond or other form of security acceptable to the town as to type of security and the form and manner of execution, in an amount of at least $75,000 and with such sureties as are deemed sufficient by the town to assure the faithful performance of the terms and conditions of this subchapter and conditions of any special use permit issued pursuant to this subchapter.
(B) The full amount of the bond or security shall remain in full force and effect throughout the term of the initial special use permit. Either the continuation of the same security or the placement of a new one will be required as part of the required re-certification and each period of re-certification thereafter, unless the town, in writing, permits a reduction in the amount or its elimination. The security for the last period of re-certification shall remain in effect until any necessary site restoration is completed to restore the site to a condition comparable to that which existed prior to the issuance of the original special use permit.
(Ord. passed 4-5-2010; Ord. passed 5-3-2021)