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to bodies of water shall be sloped at a maximum of six <br />(6) to one (1). <br /> <br />h. Setback: <br /> <br />Grading, mining or filling operation shall not be <br />conducted closer than thirty feet to the right-of-way <br />line of any existing or platted street, road or highway, <br />except that excavating may be conducted within such <br />limits in order to reduce or raise the elevation thereof <br />in conformity to the existing or platted street, road or <br />highway. <br /> <br />.i. Security Agreement: <br /> <br />Prior to commencing any grading, mining or filling <br />operations, a performance bond, cash escrow or <br />irrevocable letter of credit, in such form and amounts <br />as the City may require, shall be deposited with the <br />City. The amount of this deposit shall vary according <br />to the scope and duration of the project and shall be <br />established by the City Council. This deposit may be <br />used by the City to: pay for the cost and expense of <br />repairing any public right-of-ways due to the grading, <br />mining or filling operation; pay for any costs <br />associated in administering the requirements of this <br />section; and to pay for any restoration of the site not <br />properly restored upon completion. This security shall <br />be used by the City only in the event that the permit <br />holder fails to pay bills submitted for costs incurred <br />by the City. <br /> <br />j. Earth Material: <br /> <br />No earth material shall be imported to or exported from <br />the site until the haul road has been officially <br />designated as a haul road by the City and all materials <br />hauled from the source shall be hauled over that road. <br />l~ne haul road designation process shall be pursuant to~ <br />Section 2051 .3 of the Minnesota Department of <br />Transportation's Standard Soecifications for <br />Construction, 1983 Edition. <br /> <br />170.017M(7) Insurance: <br /> <br />The applicant shall file with the Clerk a liability insurance <br />policy or certificate of such insurance acceptable to the <br />City and issued by an insurance company authorized to do <br />business in the State of Minnesota. <br /> <br />%ne policy shall insure the person performing acts <br />described herein for the sum of at least three hundred <br />thousand dollars ($300,000.00) for injury to one (~) <br />person, and five hundred thousand dollars ($500,000.00) <br /> <br /> <br />