In the event the applicant installs sewer main extensions facilities, he or she shall furnish the city a surety company bond to be approved by the General Manager as to sufficiency and the City Attorney as to form in an amount equal to at least 50% of the General Manager’s estimate of the installation costs to guarantee faithful performance by the applicant, and a surety company bond in an equal amount to guarantee claims of persons who furnish labor, materials, supplies and implements used by applicant on the work. Provided, however, when the extension is a condition of a subdivision or parcel map, the surety bond amounts shall be at least 100% of the General Manager’s estimate of the installation costs to guarantee faithful performance by the applicant, and a surety bond in an amount equal to at least 50% of the estimate to guarantee claims of persons who furnish labor, materials, supplies and implements used by applicant on the work. Except, however, where the applicant is a “nonprofit entity,” as defined in Cal. Gov’t Code §§ 64999 and 64999.3, the provisions of those sections as they may apply to the entities in securing the performance of work under this section shall be applicable.
(1995 Code, § 7.20.940) (Ord. 17-03, passed 3-21-2017; Ord. 15-02, passed 5-5-2015)