Unless exempted from such requirement by law or by the City Engineer, each applicant, before obtaining a permit, shall deposit with the City Engineer a cash deposit consisting of cash or a certified or cashier’s check in a sum to be fixed by the City Engineer as sufficient to reimburse the City for restoring the right-of-way to its original condition. Such cash deposit may be used by the City for either traffic control or emergency work on an as needed basis as determined by the City Engineer. Where the size, nature, and location of the project warrants, the City Engineer may require an additional time completion deposit which shall be held by the City for the duration of the encroachment activity. The permittee shall forfeit to the City a portion of such deposit for each calendar day beyond the number of days specified on the encroachment permit. The daily amount to be forfeited shall be in accordance with the fee schedule adopted by Council resolution. The time completion deposit or any unused portion thereof shall be returned to the permittee within sixty (60) days upon the acceptance of the work by the City Engineer.
(§ 11100, T.O.O.C., as added by Ord. 50, as amended by § I, Ord. 778-NS, eff. June 11, 1981)