The Town Clerk shall, upon presentation of a duly verified application for a fill and excavation permit, accompanied by the consent, in writing, of the owner, request a review and determination from the Town Board. The Town Clerk shall, upon obtaining the Town Board’s approval, issue the permit upon any conditions as may be imposed by the Town Board in a particular case. The applicant shall pay all associated fees, as set by Town Board resolution, and shall provide a financial guarantee (cash or letter of credit from an approved financial institution) as determined and approved by the Town Board.