§ 189-4. Cash deposits.

A. 

Special deposits. The application for an excavation permit to perform excavation work under this chapter shall be accompanied by a cash (or check) deposit, payable to the Town of Madison, Maine, to be deposited with the Town Treasurer in accordance with the rates set forth herein.

B. 

Any special deposit made hereunder shall serve as payment for the permanent repair of the excavation, after the excavation is completed and proper time has elapsed for settlement and the repair of said settlement by the permittee.

C. 

Refund or billing. Upon the completion of the excavation work and after settlement has stabilized, a measurement shall be made by the Town of the size of the opening and a bill or refund will be mailed to the permittee depending upon the costs of said opening to be repaired. Cost of repair of openings will be a factor of the total number of square yards multiplied by the rate set forth herein.

D. 

Public utility companies. Where excavations are made by public utility companies operating under a franchise issued by the Town or under the supervision of the Public Utility Commission or utilities operated by governmental agencies, a permit may be granted without making such deposits. In such cases, the utilities shall be liable for the cost of the repair of the opening, which is a factor of the total amount of square yards multiplied by the rate set forth herein. However, the Town may, in the future, require such deposit from any utility if a bill rendered in accordance with this section remains unpaid 60 days after the date of billing.