The township, upon receipt of a properly completed application, shall determine the amount of the deposit to be made by the permittee, which amount shall equal the approximate expense to meet the requirements of this Part 2; provided, however, that the minimum amount of the deposit shall be $500. The deposit shall be paid at the time the permit is received, and the deposit shall be used to reimburse the township for the costs of any work and/or materials furnished by it in connection with the work authorized by the permit, to cover all necessary inspections of said work and for any other purpose set forth in this Part 2. The township may elect to waive this requirement insofar as it pertains to a public utility company if such company files with the township its corporate bond in a form satisfactory to the Township Solicitor, conditioned upon the payment to the township of all costs which would otherwise be covered by and paid out of such a deposit. In the event that any public utility or authority elects to file such a bond, the township shall bill such utility or authority monthly for such costs as they accrue.
The deposit may be either in the form of a certified, treasurer's or cashier's check or in lawful money of the United States.
If any deposit is less than sufficient to pay all costs, the permittee shall, upon demand, pay to the township an amount equal to the deficiency. If the permittee fails or refuses to pay such deficiency, the township may institute an action to recover the same in any court of competent jurisdiction. Until such deficiency is paid in full, no additional permits shall be issued to such permittee.
The township shall determine the cost of any work done or repairs made by it or under its direction, pursuant to the provisions of this Part 2. In the event that a permittee disputes the amount charged by the township for work done or repairs made by the township, the permittee may appeal pursuant to Article XI.
Upon notification by the permittee that all work authorized by the permit had been completed, and after restoration of the opening, and after the certificate of final inspection has been issued, the township shall refund to the permittee his/its deposit less all costs incurred by the township in connection with said permit. In no event shall the permit fee be refunded.