Whenever the Council or Planning Commission grants or modifies a variance or conditional use permit, and the granting or modification of such variance or conditional use permit is subject to one or more conditions, the Council or Planning Commission may require that the applicant or the owner of the property to which such variance or conditional use permit applies file with the City Clerk a surety bond, corporate surety bond, deposit of money, or savings and loan certificates or shares in an amount prescribed for the purpose of guaranteeing the faithful performance of such conditions.
(Ord. 159, § 81.09; Ord. 328, § 1; Ord. 331, § 1; Ord. 332, § 1)