(A) The bond to be posted by each applicant for permission to open a street and remove a portion of the surface material shall be as follows:
(1) Where the hole in the street will not exceed ten square feet of surface area, the bond amount shall be $200;
(2) Where the hole in the street will not exceed 25 square feet in surface area, the bond amount shall be $300;
(3) Where the hole in the street will exceed 25 square feet in surface area, the bond amount shall be $400; and
(4) For a permanent bond to be posted by utilities and contractors, the amount shall be $500.
(B) In the case of a permanent bond, if the amount is reduced by reason of the ordering of repairs to a street by the city and the cost is charged against the bond, the person posting the permanent bond will be required to reimburse the bond by the amount of the deduction made from time to time by reason of the reduction.
(1993 Code, § 31.08) (Ord. 97-02, passed 4-2-1997)