Caledon By-law 2024-048, s. 5.39 — The shall hold the security deposit for a period of two (2) years following completion of the actions or works, as a guarantee that the is left in a proper state of repair and that the actions and works are performed to the standards required by the DIRECTOR. The will not pay interest on any monies held as the security deposit
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The shall hold the security deposit for a period of two (2) years following completion of the actions or works, as a guarantee that the is left in a proper state of repair and that the actions and works are performed to the standards required by the DIRECTOR. The will not pay interest on any monies held as the security deposit.
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- 5.37 Where the permit holder fails to perform the actions or works proposed in the permit application, including restoration works, to the standards required by the and it becomes necessary, in the opinion of the acting reasonably, to repair or restore that portion of the or municipal services affected by the actions or works of the permit holder, the may use the security deposit to engage contractors or may direct staff to perform the actions or works and invoice the permit holder or, where the permit holder is a contractor of an OWNER, invoice the OWNER for the TOWN ’s costs to complete the actions or works and may credit the amount of the security deposit against such invoices
- 5.38 Where the amount of the invoice exceeds the amount of the security deposit and the invoice remains unpaid after demand for payment has been made, the expense incurred may be added to the tax roll and collected in the same manner as property taxes
- Part 6 GENERAL APPLICABILITY
- 6.1 This by-law shall not, if compliance therewith would be impracticable, apply to
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