Before granting approval, the City of York shall require a performance bond in an amount equal to one hundred percent (100%) of the estimated cost of all storm water management measures. Such bond shall be conditioned upon the faithful performance of the control measures within the times specified in the approved plan or within any extension thereof granted by the City of York, and shall be in favor of the City of York.
Such bond shall terminate when all control measures are completed and approved by the City of York Engineer. (Ord. 13-1981 §1. Passed 5-20-81.)