Surrey : Règlement no 16100, art. 48 — Subject to Section 47, a security deposit collected to cover the cost and maintenance of a replacement tree, shall be reduced as follows
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Subject to Section 47, a security deposit collected to cover the cost and maintenance of a replacement tree, shall be reduced as follows:
a. by fifty (50%) percent of the original amount after the planting of replacement trees has been approved by the City in accordance with the inspection requirements as set out in Part 11; and b. by the balance of the deposit after one year from the date of the first reduction provided that the condition of the replacement trees has been approved by the City in accordance with the inspection requirements as set out in Part 11.
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- 46.2(a)
- 47 Release of Securities for Replacement Trees and Landscaping The amount of security held by the City under Section 45 shall be released in stages as provided in Sections 48 and 49. It will be a condition of the release of any security provided under this Bylaw, that the General Manager be satisfied that the owner has complied with the tree replacement and maintenance requirements of this Bylaw and the tree cutting permit
- 49 Subject to Section 47 a security deposit collected to cover the total costs of the required landscaping, including replacement trees, shall be reduced as follows
- 49.1 If the time in Section 49(b) has passed without completion of the required work, a strata corporation that owns the lands upon which the work is to be done may request that the balance of the deposit be paid to the strata corporation. Upon receipt of such request the City will provide written notice to the person who paid the deposit at the last contact address in the City's files. The person who paid the deposit may then
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