13.25.100 Liability insurance and financial guarantee requirements.
The Department of Community Development is authorized to require all applicants issued permits or approvals under the provisions of this title to maintain liability insurance and post financial guarantees pursuant to the requirements of Chapter 14.105 CMC. Financial guarantees for drainage improvements pursuant to this chapter shall be sufficient to cover the time and cost of any:
(1) Monitoring required by approved plans and conditions;
(2) Department review of monitoring results and reports; and
(3) Corrective work on or off the project site which is necessary to provide drainage control consistent with approved plans and conditions, stabilize and restore disturbed areas and remove sources of any hazard associated with work which is in progress but is not completed. (Ord. 13-09 § 10 (Exh. 2); Amended at request of department 2/08; Ord. 20-07 §§ 46, 82; Ord. 43-02 § 2 (27.70.020); Ord. 37-02 § 2 (9.04.105). Formerly 14.110.020)