Upon approval of an application for a site construction permit by the City Planning Board, the City of Glens Falls may require the applicant to provide a surety bond, executed by an insurance company currently licensed to do business in New York State. The amount of such bond shall be determined by the City Planning Board, based on advice from the city's Attorney and Building Inspector, and shall be sufficient to rehabilitate the subject property upon failure of the property owner to complete the site work or address the Building Inspector's concerns pursuant to §
181-4D.
In the event that claims and/or litigation occurs due to a property
owner undertaking site construction work or operations, whether such
work or operations are performed under a permit issued by the city
or not, the City of Glens Falls shall be entitled to recover any and
all of its claim and litigation costs from the property owner, including
but not limited to court, legal, professional, technical, expense
costs and fees.