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To ensure that all mitigation required by chapter 30.62A SCC is completed and operates in accordance with the approved plans, specifications, permit or approval requirements or conditions, security devices shall be provided as follows:

(1) Prior to issuance of any permit or approval which authorizes site disturbance which requires mitigation pursuant to chapter 30.62A SCC, the director shall require a performance security to assure that all mitigation required by chapter 30.62A SCC is satisfactorily completed in accordance with the approved plans, specifications, permit or approval requirements, and applicable regulations, will be corrected to comply with approved plans, specifications, requirements.

(2) The performance security shall be released when all mitigation is completed to the satisfaction of the department, pursuant to the plans, specifications and permit conditions and the department has accepted a performance monitoring security.

(3) A performance monitoring security shall be provided for all installed mitigation after final inspection and acceptance by the department and prior to recordation of a subdivision or short subdivision, approval of occupancy of the first new single-family detached unit (SFDU), issuance of a certificate of occupancy for condominiums, or any type of commercial project or final of a single-family residence or duplex permit. (Added by Amended Ord. 10-086, Oct. 20, 2010, Eff date Nov. 4, 2010; Amended by Amended Ord. 13-042, July 10, 2013, Eff date July 22, 2013).