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(1) A performance security shall be released when:

(a) All work covered by the performance security has been completed by the permittee and accepted by the director; and

(b) If required, a maintenance security or performance monitoring security have been accepted.

(2) A maintenance security shall be released at the end of the time covered by the maintenance security provided that the facility, as determined by the director, is operating as designed.

(3) A performance monitoring security shall be released when mitigation performance standards have been achieved as determined by the director.

(4) The amount released shall be reduced by any sum forfeited to the county.

(5) Release by the county of the final performance security related to construction permitted pursuant to this title shall constitute final acceptance of the constructed facilities. (Added by Amended Ord. 10-086, Oct. 20, 2010, Eff date Nov. 4, 2010).