Forfeiture Provisions. The performance security shall contain forfeiture provisions for failure, after proper notice, to complete work within the time specified, or to initiate or maintain any actions which may be required of the applicant or owner in accordance with this ordinance, approvals issued pursuant to this ordinance, or an operation and maintenance agreement established pursuant to this ordinance.
Appears in 25 contracts
Samples: Stormwater Operation and Maintenance Agreement and Security, Stormwater Operation and Maintenance Agreement and Security, Stormwater Operation and Maintenance Agreement and Security