(A) All excavations will have to be guaranteed from deterioration for a period of one year. If patch failure occurs, as determined by the Town, repair will be made as per specified by the Town. After the repair, the excavation shall be guaranteed for an additional one-year period.
(B) From the issued date of the certificate of completion to one year, the applicant will be responsible for all unsatisfactory conditions of subsidence, asphalt repairs, poor drainage, vegetation and Town-owned utilities that have been disturbed, cut into or patched as a result of the subject work. Upon the one year anniversary date, the applicant will be notified, and the financial guarantee returned.
(C) Release of financial guarantee. No release of the financial guarantee shall take place without the prior approval of the Town and after a physical inspection by the Town. (Ord. 2022-08, passed 6-15-2022)