Before issuance of a permit there shall be filed by the applicant a surety bond, executed by a reputable surety company authorized to do business in the State of Michigan, running to the Village of Wolverine Lake in an amount to be established by the Village Administrator, and approved by the Village of Wolverine Lake Attorney as to form, conditioned upon the prompt and complete compliance with all of the provisions of this chapter. In establishing the amount of the bond, the Village Administrator shall consider the scale of the operation, the prevailing costs to rehabilitate the property upon default of the operator, court costs and other reasonable expenses. Cash may be substituted in place of a surety bond by the applicant with the approval of the Village Administrator and/or his or her designee.
(Ord. 109. Passed 5-19-83.)