STREET OPENING REQUIREMENTS A street opening permit in the amount of $100.00 (Non-refundable). A Mechanical Bond in the amount of $2,000.00 which will be reimbursed on the one year anniversary of the completed work as long as no defects are detected on the work. A One Million General Liability Insurance Policy held by the contractor performing the work. A copy of an executed contract entered into by the property owner or buyer and a qualified contractor providing for the performance of the necessary corrective work. Security in the amount of the contract for the completion of the necessary remedial work is posted with the City. An agreement by the owner or buyer to be responsible for all costs of the remedial work in excess of the contract amount, together with a license to the City to enter upon the property to complete such work in case of default by the contractor and an agreement by the owner or buyer that no building or occupancy permit or land use approval of any kind will be issued for said property until all required corrective work is completed. All work shall be completed within 6 months (unless the City grants an extension in writing) at which time the security shall be forfeited and the City may use the security to have the necessary remedial work completed. All work must be performed to the City of Arnold's Specifications and must be inspected and approved by the City of Arnold's Engineer and/or Street Foreman.
