Upon notification of completion of the work by the applicant, and verification thereof
by an agent or representative of the city that the public street, public property,
or portion thereof, has been returned to a condition the same or substantially similar
to its condition before the work was performed, the city treasurer shall release the
bond to the applicant. In the event the public street, public property, or any portion
thereof is not in a condition which is the same or substantially similar to its condition
before the disruption occurred, the city treasurer shall apply the bond, or any portion
thereof, to the cost or expenses incurred to place the public street, public highway,
or portion thereof in the same or a substantially similar condition to that which
existed before the disruption occurred. If the cost and expenses exceed the bond the
city treasurer shall demand prompt payment of the amount due and owing from the applicant.
If the bond exceeds the cost and expenses incurred the city treasurer shall return
any amount remaining to the applicant.
(Ord. No. 120, § 7, 9-16-85)
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