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3/16/2017 Orono,MN Code of Ordinances <br /> Security required.The owner shall provide the city with financial security to ensure the <br /> performance of the owner's obligations pursuant to this chapter. The financial security may be a <br /> letter of credit in a form acceptable to the city or cash. The financial security must be provided to <br /> the city before issuance of the permit. The city may use the financial security to assure that the <br /> work is completed in accordance with the stormwater pollution prevention plan and the provisions <br /> of this chapter. The financial security may also be used by the city to eliminate any hazardous <br /> conditions associated with the work and to repair any damage to public property or infrastructure <br /> that is caused by the work. Amount of security. The amount of security shall be 125 percent of the <br /> estimated cost to accomplish compliance with the approved stormwater pollution prevention plan. <br /> This shall be in addition to any other security performance required by any other regulations in this <br /> Code except that for a project consisting of one single-family dwelling, an addition to a single-family <br /> dwelling, or an accessory structure for a single-family dwelling the security may also be the <br /> construction deposit required by section 75-4. The estimated cost shall be subject to approval by <br /> the city engineer. <br /> (2) Reduction offi'nancialsecurity. If requested by the owner, the amount of the financial security may <br /> be reduced by the city subsequent to city inspection. Said reduction will be based upon the extent <br /> to which the grading and restoration have been completed and shall consider the continued need <br /> for erosion control. At no time prior to final stabilization, shall the security be reduced to less than <br /> ten percent of the total original security amount. <br /> (3) 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 released <br /> after the completion and inspection of all such measures and the establishment of final <br /> stabilization, for the permitted site or common plan of development or sale. <br /> (4) City remedy. If compliance with the approved land disturbance permit is not accomplished within <br /> the allowable time period, the city may bring the project into compliance by use of the security. <br /> Costs in excess of the amount of the security may be assessed to the property as special <br /> assessments and shall be a perpetual lien against the property until paid. <br /> (5) Exemptions.The city shall be exempt from the requirements of this section. <br /> (c) Storm water pollution prevention p/an. 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 type and size of land disturbance activity conducted as described below: <br /> (1) For all individual residential lots or any commercial and industrial land which disturbs less than <br /> one acre and includes fill or excavation less than 100 cubic yards: <br /> a. Identification of proposed contour grading on the site at vertical intervals of not more than two <br /> feet; <br /> b. Drainage patterns clearly shown using arrows depicting direction of surface water flow; <br /> c. A map showing the stages or limits of grading together with the existing or proposed finished <br /> elevations; <br /> https://www.municode.com/library/mn/orono/codes/code_of ordinances?nodeld=TITVILAUS_CH79COSIRUCO 2/5 <br />