A.
As a condition for the issuance of a permit, the department may require the deposit of improvement security in sufficient amount deemed necessary to assure performance of the work in the event of default on the part of permittee. Such security shall be in a form acceptable to the city of South Lake Tahoe.
B.
The improvement security shall remain in effect until final inspections have been made and all grading work and site stabilization has been approved by the department.
C.
In addition to the improvement security, the department may also require the deposit of maintenance security in sufficient amount deemed necessary to guarantee and maintain the grading work and site stabilization to assure the proper functioning of drainage systems and adequate erosion and sedimentation control. Such maintenance security shall be in a form acceptable to the city of South Lake Tahoe and shall remain in effect for a period of one year after the date of acceptance of the improvements. Upon acceptance of completed improvements, improvement security may serve as the maintenance security and may be increased or decreased.
D.
Any deposit required by the department pursuant to this chapter shall be payable to the city of South Lake Tahoe.
E.
Upon satisfaction of applicable provisions of this chapter, the improvement and maintenance security deposits will be released. However, upon failure to complete the work, failure to comply with all of the terms of the permit, or failure of the completed site to function properly to provide proper drainage or erosion and sedimentation control, the security deposit will not be released. The city may do the required work, or cause it to be done and collect from the permittee or surety all costs incurred thereto, including administrative, inspection and legal costs.
(Ord. 1000 § 1; Code 1997 § 36-61)