Any permittee shall warranty all work completed pursuant to this chapter for two (2) full years from the date of the completion of the work. The town shall hold all deposits, securities or performance bonds deposited by the permittee as a condition of granting any permit during the period of the two (2) year warranty. One month prior to the expiration of the two (2) year warranty, public works shall inspect the street cut. If the work is acceptable to public works and to utility companies who serve the town, the security will be returned to the permittee at the end of the two (2) year period, provided the street cut remains acceptable in the twenty fourth month, and the necessary soils compaction tests are provided, as required by section 8-1-26 of this chapter. (Ord. 7(2006) § 20: Ord. 3(2003) § 1: Ord. 8(1991) § 3)