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<br />(2) Any expenditure, damage or loss incurred by the City occasioned by the <br />permittee's violation of this section, or its failure to comply with all rules, <br />regulations, orders, permits and other directives of the City issued pursuant to this <br />section. <br /> <br />(3) Payment of all compensation due to the City, including permit fees. <br /> <br />(4) The payment of any other amounts which become due to the City pursuant <br />to this section or law. <br /> <br />(5) The submission to the City of accurate record drawings showing at a <br />minimum correct horizontal and vertical locations of new facilities placed in the <br />rights-of-way in a format approved by the Public Works Department. Record <br />drawings shall be certified by a professional engineer or land surveyor registered <br />by the State of Florida, except for such engineers or surveyors who may be <br />exempt from registration by Florida Statutes. <br /> <br />(c) The construction bond shall contain the following endorsement: <br /> <br />"It is hereby understood and agreed that this bond may not be <br />cancelled or renewed by the surety nor the intention to cancel <br />or not to renew be stated by the surety until (90) calendar days <br />after completion of construction of the facilities and, <br />notwithstanding the foregoing, shall in no case be canceled or <br />renewed by the surety until at least (90) calendar days' written <br />notice to the City of surety's intention to cancel or not renew <br />this bond." <br /> <br />The construction bond shall be maintained until said construction work is <br />completed and for a period not to exceed one (1) year thereafter. Permittee shall <br />notify the City in writing when it believes the construction has been completed. <br /> <br />(d) The City may waive the provisions of this section only as follows: <br /> <br />(1) Permittee supplies other acceptable financial guarantees or demonstrates <br />financial responsibility satisfactory to the City Manager and the City Attorney. <br /> <br />(2) Permittee provides a written guarantee that none of the provisions of this <br />section, nor the City's waiver of any provision of this section, shall be construed <br />to excuse the faithful performance by or limit the liability of the Permittee under <br />this article or permit issued in accordance herewith or for damages either to the <br />full amount of such bond or otherwise. <br /> <br />Rights-of-Way Construction Permit Procedures <br />LMD:ch/HO:eb3/4/02 <br />Legislation/Ordinances/Attorney <br /> <br />3 <br />