A. Permit Fee: The permit fee for the opening of a street or sidewalk for the purpose of making connections to the sewer, water, gas or electric piping shall be twenty five dollars ($25.00).
B. Bond Requirement: No permit shall be issued until the applicant shall have executed and filed with the Director of Community Development a bond in the penal sum of ten thousand dollars ($10,000.00), with a responsible surety company as surety thereon. Said bond shall indemnify the Village and its officials for the full period of time provided by the statutes of limitations of the State of Illinois from any and all loss, costs, expense or liability of any kind or nature whatsoever, which said Village or its officials may suffer, or which may be recovered from such Village or its officials by reason of the issuance of such permit.
C. Replacement Guarantee Requirement: No permit shall be issued until the applicant has deposited with the Village Treasurer the sum of two hundred dollars ($200.00), to guarantee the replacement or repair of broken or damaged sidewalks, curbs, gutters and streets, restoring the public property and for the removal of dirt and litter from public streets abutting the premises involved, except that if the improvement to be made is a single-room addition or a detached garage, such sum shall not exceed fifty dollars ($50.00). However, the applicant shall not be required to have on deposit, at any one time, with the Village Treasurer, any sum in excess of two thousand dollars ($2,000.00) for this purpose, regardless of the number of permits issued to the applicant. (1994 Code; amd. Ord. 1995-36, 6-22-1995)