Persons performing private contract work under a permit issued in accordance with this chapter shall furnish a bond/bonds or cash deposit or instrument of credit executed by the owner or his agent, or both, as principal in accordance with the provisions codified in this section through CVMC 15.04.215.

The performance bond/bonds shall be issued by a surety company authorized to do business in the state and shall be approved as to form by the City Attorney. The bond/bonds shall be in favor of the City and shall be conditioned upon the completion, free of liens, of the work authorized by the permit in accordance with the requirements of this chapter and the conditions prescribed by the permit. Slope planting and irrigation bonds will be separate from the performance bond requirements for appurtenant structures and grading. They will be held with the Development Services Department until satisfactory compliance with landscaping and irrigation has been accepted. (Ord. 3544 § 1, 2023; Ord. 3005 § 1, 2005; Ord. 1797 § 1, 1978).