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� deposit required by section 75-4. The estimated cost shall be subject to approval by the city <br /> I engineer. <br /> (2) <br /> Reduction of financial security. If requested by the owner, the amount of the financial security <br /> may be reduced by the city subsequent to city inspection. Said reduction will be based upon <br /> the extent to which the grading and restoration have been completed and shall consider the <br /> continued need for erosion control. At no time prior to final stabilization, shall the security be <br /> reduced to less than ten percent of the total original security amount. <br /> (3) <br /> Release of security. Any remaining amount of the financial security deposited with the city for <br /> faithful performance of the plans and specifications and any related remedial work will be <br /> released after the completion and inspection of all such measures and the establishment of <br /> final stabilization, for the permitted site or common plan of development or sale. <br /> (4) <br /> City remedy. If compliance with the approved land disturbance permit is not accomplished <br /> within the allowable time period, the city may bring the project into compliance by use of the <br /> security. Costs in excess of the amount of the security may be assessed to the property as <br /> special assessments and shall be a perpetual lien against the property until paid. <br /> (5) <br /> Exemptions. The city shall be exempt from the requirements of this section. <br /> (c) <br /> Stormwater pollution prevention plan. Each application for a land disturbance permit shall be <br /> accompanied by two copies of a stormwater pollution prevention plan consisting of the following <br /> dependent upon the rype and size of land disturbance activity conducted as described below: <br /> (1) <br /> For all individual residential lots or any commercial and industrial land which disturbs less <br /> than one acre and includes fill or excavation less than 100 cubic yards: <br /> a. <br /> Identification of proposed contour grading on the site at vertical intervals of not more <br /> than two feet; <br /> b. <br /> Drainage patterns clearly shown using arrows depicting direction of surface water <br /> flow; <br /> c. <br /> A map showing the stages or limits of grading together with the existing or proposed <br /> finished elevations; <br /> d. <br /> Identification of proposed building bench elevations; <br /> e. <br /> Submission of preliminary plans or program for water supply, sewage disposal, <br /> drainage and flood control (if applicable); <br /> f. <br /> Soil borings, if required by the city engineer; <br /> a <br />