Richmond By-law 8057, s. 4.4.3 — Subject to Section 4.4.2, if the permit holder complies with the provisions of the bylaw and performs all of the terms and conditions of the applicable permit, the City will

Subject to Section 4.4.2, if the permit holder complies with the provisions of the bylaw and performs all of the terms and conditions of the applicable permit, the City will:

• a) return 90% of the remaining security deposit, with no interest, to the

owner, or upon written request of the owner to the owner’s agent, within six (6) months, after the completion of the planting of the replacement trees as demonstrated by a site inspection and/or by delivery to the Director of a tree replacement completion report from a certified tree risk assessor, to the satisfaction of the Director; and

• b) return the balance of the security deposit held by the City, with no interest, to the owner, or upon written request of the owner to the owner’s agent, within six (6) months of a monitoring inspection of the applicable tree(s) and/or by delivery to the Director of a monitoring report from a certified tree risk assessor as to the health of the applicable tree(s), to the satisfaction of the Director, conducted or delivered, as applicable, one (1) year after the later of the inspection and/or report that triggered the first return of security deposit funds under section 4.4.3(a).