[Amended 7-18-1996 by L.L. No. 5-1996; 5-10-2005 by L.L. No. 3-2005]
Before the issuance of a permit for excavation, soil removal or filling, the applicant and the owner of record of the premises shall execute and file with the Department a bond, approved as to form and validity by the Corporation Counsel, with a surety company as surety, in an amount to be fixed by the Mayor, Commissioner of Housing and Buildings and Commissioner of Public Works, and in no event less than $25,000, conditioned upon the faithful performance of the conditions contained in this article or the New York Uniform Code and the observance of all municipal ordinances and laws and for indemnification of the City for any damages to City property. In the event of a default, the City Council may declare such bond to be in default and collect the sum remaining payable thereunder, and upon receipt of the proceeds thereof, the City may complete the work required to be performed by the applicant or owner and may apply such proceeds to the cost thereof and to the cost, if any, of repairing or remedying any damage to City property. Such bond shall remain in full force and effect until a certificate of completion has been issued by the Commissioner certifying that all of the applicable provisions of this article and the conditions of the permit have been fully complied with. The application for such certificate shall be accompanied by a map prepared after the completion of operations by a duly licensed engineer, architect or land surveyor of the State of New York. The map shall be drawn to scale; shall show a cross-section of the affected property; shall give elevations thereof at intervals of fifty-foot squares and also at each break in the grades; shall show the elevation of the premises as compared to the elevation of any abutting highways; and shall certify that there are not less than six inches of topsoil remaining upon the ground from which topsoil has been removed and that such area has been limed, fertilized and seeded.