The village may, where conditions warrant, require a restoration bond. The bond shall be to insure repair of any damage done to existing curb, gutter, sidewalk, driveways, street pavement, landscaping, or other items within the right-of-way adjacent to a subdivision. The amount of said bond shall be as determined by Village Council based upon the recommendation of the Village Engineer of his or her estimate of potential damage. Restoration bonds shall be released when all damage facilities, if any, have been restored to the satisfaction of the village.
(Ord. passed 5-10-2001)