[Adopted 5-17-1994]
A.Â
Any work by a private contractor, developer, state
or federal agency, municipality or any other governmental or private
entity upon, underneath or within the right-of-way of the City of
North Tonawanda or upon city-owned real property must be performed
in accordance with the rules and regulations, specifications and requirements
of said City of North Tonawanda. In order to guarantee that the work
performed will accomplish the same, cash or a surety bond executed
by a solvent surety corporation authorized to do business in the State
of New York or an irrevocable letter of credit in a form acceptable
to the City Attorney, in a sum equal to the cost of the work to be
performed, which surety shall be approved by the City of North Tonawanda,
must be provided prior to the beginning of said construction work.
B.Â
Such surety shall remain in full force and effect
until the work performed thereunder has been accepted by the Common
Council of the City of North Tonawanda, the City Engineer of the City
of North Tonawanda and the Superintendent of Public Works.
C.Â
In the event that the party performing the construction
shall fail or refuse to comply with the provisions of this chapter,
the above-described surety shall be forfeited to the City of North
Tonawanda to the extent of the amount necessary to complete the work
thereunder in accordance with the specifications and requirements
of said city.
