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<br />A. All land use and building permits for the site in question must be suspended <br />until the developer has an approved storm water pollution control plan. <br /> <br />9.27.18 Modification of Plan. An approved storm water pollution control plan may be <br />modified on submission of a written application for modification to the city, and after written <br />approval by the city engineer. In reviewing such an application, the city engineer may require <br />additional reports and data. <br /> <br />9.27.19 Records Retention. The city shall retain the written records of such modifications for at <br />least five (5) years. <br /> <br />9.27.20 Financial Securities. The applicant shall provide security for the performance of the <br />work described and delineated on the approved grading plan involving the storm water pollution <br />control plan and any, storm water and pollution control plan related remedial work. The financial <br />security Shall be considered part of the Stage 1 Improvements ,for all plats and subdivisions. <br />Financial'Securities will not be required for permits as noted in Section 9.27.14. Security for <br />Permits not meeting these requirements shall be a minimum of the rate established by the City <br />Council in the Annual Schedule of Rates, Fees and Charges and shall be escrowed with the city <br />at the time the Building Permit is obtained. Requirements for the surety for all applications are <br />outlined below: <br /> <br />A. The city may request a greater financial security, if the city considers that the <br />development site is especially prone to erosion or the 'resource to be <br />protected is especially valuable. <br /> <br />B. Maintaining the Financial Security. If at anytime during the course of the <br />., work this amount 'falls below 50% of the required deposit, the developer <br />shall make another deposit in the amount necessary to restore the deposit to <br />the required amount. <br /> <br />C. If the developer does not bring the financial security back up to the required <br />amount within seven (7) days after notification by the city that the amount <br />has fallen below 50% of the required amount the, city may: <br /> <br />1.) Withhold the scheduling of inspections and/or the issuance of a <br />Certificate of Occupancy. <br /> <br />2.) Revoke any permit issued by the city to the applicant for the site in <br />question and any other of the applicant's sites within the city's <br />jurisdiction. <br /> <br />D. <br /> <br />Proportional Reduction of the Financial Security. When more than half of <br />the development's maximum exposed soil area achieves final stabilization, <br />the city can reduce the total required amount of the financial security by half, <br />if recommended by the city engineer. <br /> <br />Page 170f21 <br />October 9,2006 <br /> <br />Storm Water Pollution Control Ordinance <br /> <br />29 <br />