§ 18-79. Cash deposit; performance bond.  


Latest version.
  • In order to assure completion of the permit work and compliance with this article, no permit shall be issued unless the applicant has first provided the office of the First Selectman with a cash deposit in an amount deemed sufficient by the Director of Public Works to insure completion of the permit work in accordance with the requirements of this article; provided, however, that in no event shall said cash deposit be in an amount less than $500. Upon the completion of the permit work in accordance with this article and upon the issuance of a certificate of approval for said driveway, the permittee shall be entitled to the return of the cash deposit. In the event that the permittee fails to complete the permit work in accordance with this article or in the event that the permit expires, such cash deposit shall be forfeited to the town. In lieu of requiring a cash deposit, the Director of Public Works may authorize the applicant to post a performance bond with surety in the amount of not less than $1,000 conditioned upon the completion of the permit work and compliance with this article. When a performance bond is authorized, such performance bond shall be in the form authorized for use by Town Counsel. The surety shall be a company authorized to act as surety by the State of Connecticut and shall be subject to approval by the First Selectman.
Ord. of 11-1-1979, § 9