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($2,000.00), whichever is greater, in addition to any other security performance <br /> required by any other regulations in this Code. The estimated cost shall be subject <br /> to approval by the City Engineer. <br /> (3) Reduction of financial security. If requested by the applicant, the amount <br /> of the financial security may be reduced by the City subsequent to City <br /> inspection. Said reduction will be based upon the extent to which the grading and <br /> restoration have been completed and shall consider the continued need for erosion <br /> control. At no time prior to final stabilization, shall the security be reduced to less <br /> than ten percent (10%) of the total original security amount. <br /> (4) Release of security. Any remaining amount of the financial security <br /> deposited with the City for faithful performance of the plans and specifications <br /> . and any related remedial work will be released after the completion and <br /> inspection of all such measures and the establishment of final stabilization, for the <br /> permitted site or common plan of development or sale. <br /> (5) City remedy. If compliance with the approved Land Disturbance Permit is <br /> not accomplished within the allowable time period, the City may bring the project <br /> into compliance by use of the security. <br /> (6) Exemptions. The City shall be exempt from the requirements of this <br /> Section. <br /> (c) Stormwater Pollution Prevention Plan. Each application for a land disturbance <br /> permit shall be accompanied by two (2) copies of a Stormwater Pollution Prevention Plan <br /> consisting of the following dependent upon the type and size of land disturbance activity <br /> conducted as described below: <br /> (1) For all individual residential platted lots or any commercial and industrial <br /> land which disturbs less than 1 (one) acre and includes fill or excavation less than <br /> 100 cubic yards: <br /> a. Identification of proposed contour grading on the site at vertical <br /> intervals of not more than two (2) feet; <br /> b. Drainage patterns clearly shown using arrows depicting direction <br /> of surface water flow; <br /> c. A map showing the stages or limits of grading together with the <br /> existing or proposed finished elevations; <br /> d. Identification of proposed building bench elevations; <br /> e. Submission of preliminary plans or program for water supply, <br /> sewage disposal, drainage and flood control (if applicable); <br /> f. Soil borings, if required by the city engineer; <br /> 144922v2 5 <br />