A.   All landscaping material for a development project shall be installed in accordance with the landscape plan. The city council will ordinarily require a good and sufficient surety bond, written by a surety company authorized to do business in this state, to be filed with the city clerk prior to issuance of a certificate of occupancy if the landscaping is not satisfactorily installed at the time a certificate of occupancy or business license is requested.
   B.   In lieu of filing a surety bond, cash, a cashier's check, or a letter of credit issued by a bank licensed in this state may be filed with the city clerk.
   C.   The bond, cash deposit, cashier's check, or letter of credit shall be in an amount equal to three dollars ($3.00) per square foot of total landscape area.
   D.   The landscaping shall be inspected by the public works director to ensure proper installation according to the approved landscape plan. The bond, or equivalent surety, will not be released until final approval of the landscaping.
   E.   If the landscaping material is not installed in accordance with the landscape plan, the city council may cause the bond, cash deposit, or letter of credit to be forfeited in an amount necessary to complete the installation. (Ord. 06-01, 1-25-2006)