1. Public Facilities. If in the opinion of the planning and community development department director or the public works department director there exists significant risk of damage to public facilities such as roadways or utilities, either may require the establishment of a bond for potential repair or replacement of such facilities. The amount and duration of this bond shall be based upon the cost of repair or replacement, and shall be set by the public works department.

A bond may be reduced or waived for those grading contractors on a preapproved list as determined by the public works department.

2. Performance. If in the opinion of the PCDD director there exists significant risk of damage to public or private properties or natural resources if a grading action were to be improperly performed or completed, the director may require a performance bond sufficient to ensure proper completion of the grading activity in accordance with the permit requirements. The amount and duration of the bond shall be set by the director. [Ord. 10677 § 3, 1995].