unless otherwise specified in the permit, where the holder of a permit does not -
substantially complete the tree cutting and planting of replacement trees specified in
the permit within one year after the date of issuance, the permit lapses; in this event,

-all security monies may be withheld and used by the City to ensure appropriate site

reinstatement.

SECURITY DEPOSIT

The applicant is required to submit a security deposit in the form of a cash deposit or
irrevocable letter of credit drawn upon a chartered bank in a form acceptable to the

‘City for full and proper compliance with all terms and conditions in the permit,

including provision of all replacement trees and materials required for site
reinstatement.

The amount of the security shall be 100% of the value of all replacement trees and
site restoration measures required by the City, as estimated by a qualified person.

There shall be a 10% holdback of the security deposit for a period of one year after
the work has been completed to the satisfaction of the City.

Should the permit holder fail to comply with the terms and conditions of the permit,
the City may enter the property and perform such work as is necessary and may retain
all or a portion of the security to cover the cost of such work.

Where trees are cut in contravention of this Bylaw or a permit issued hereunder:

(a)

(b)

an offence is committed under this Bylaw and the cutting of every tree so cut shall
constitute a separate offence; and

in addition, the following remedial measures shall be taken by the owner of the lands
“rom which the trees were removed:

a replacement plan shall be submitted;
replanting is required of replacement trees for each tree removed;

replacement trees shall be specified in accordance with good arboricultural
practice as determined by a qualified person,

the minimum. size of replacement trees shall be a height of 4.0 meters for
conifers and a trunk diameter of 8.0 centimeters measured at 50 centimeters
above the root crown for deciduous species;

maintenance requirements shall be specified in the replacement plan and
carried out in accordance with the specifications; and

proof of liability insurance carried by the tree removal company retained is
required.

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