(A) Prior to obtaining a permit for the opening in or tunneling under of any street, alley, sidewalk or public way, the applicant shall furnish the village with a bond guaranteeing that the work shall be done to the full satisfaction of the village (represented by the Public Works Supervisor) and that the area affected by the work shall be restored, as nearly as possible, to its original condition and such condition maintained, at the cost of the permit holder, for a period of one year after the completion of the work. However, such bond may be released at an earlier period if, in the opinion of the Public Works Supervisor, such release is warranted. The amount of such bond shall be commensurate by the extent of the work and shall be determined by the Public Works Supervisor, but in no event shall the amount be less than $1,000 for any one project.
(B) Applicants who because of their operations find it necessary to enter the village streets, alleys or public ways at recurring intervals shall be permitted to furnish a blanket bond with the same conditions as set forth herein. The amount of such bond shall be determined by the Public Works Supervisor, but in no event shall it be less than $1,000. However, any project of an extensive nature may be covered by a specific bond subject to the discretion and approval of the Public Works Supervisor as to amount and conditions.
(1964 Code, § 901.05) (Ord. 92-20, passed 9-28-1992) Penalty, see § 95.99