§ 16-14. Security for fees and performance.

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The director of public works may require the applicant to place on deposit with the city cash or performance bonds in the amount of estimated charges for inspection, as described in section 16-12, and for work to be done by city forces as described in section 16-13, and may further require that the amount of such cash deposit or bond be adjusted during the progress of the work. The director of public works shall determine within thirty days after completion of the work the total amounts due and the cash deposit or performance bond shall be security for payment of said sums. Any excess of cash deposited in accordance herewith over the actual cost of the work shall be returned to the permittee.

(Ord. No. 350, § 2.)

                    
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