1020.05 PERMIT FEES, INSPECTION FEES, DEGRADATION FEES AND PERFORMANCE GUARANTEES.
   (a)   A permit fee and an inspection fee shall be charged for each application under this chapter. The fees shall be established by resolution of the City Council, as set forth in Appendix A.
   (b)   Performance guarantees shall be provided for street excavations in the following manner:
      (1)   A bond or cashiers check of one thousand dollars ($1,000.00) shall be provided at the date of the first application for a street excavation permit in a calendar year. This bond will be returned when all work is performed satisfactorily.
      (2)   A bond or cashiers check in the amount of ten thousand dollars ($10,000.00) shall be provided to the City on the date of the second street excavation permit application for that calendar year. This guarantee shall be good for the entire year in which it is issued.
      (3)   The guarantee will cover all additional street excavation activities during that calendar year. This guarantee will be returned when all jobs started in that calendar year are completed satisfactorily.
   (c)   Degradation fee. A degradation fee shall be charged to party's which where duly notified of the City's intention of to reconstruct or repave a cartway and when a notified party applies for a permit to excavate a trench of over thirty feet in length in a cartway that was repaved within five calendar years from the date of notification. This fee shall be established by resolution of the City Council.
   (d)   These fees and performance guarantee requirements may be changed by resolution of the City Council.
(Ord. 02-10. Passed 6-17-10.)