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the manner and extent of the restoration, and may do so in written procedures of general application or on a case-by-case basis. The City,in exercising this authority,shall be guided but not limited by the following standards and considerations: (a) the number, size, depth and duration of the excavations,disruptions or damage to the right-of-way; (b) the traffic volume catted by the right-of-way; the character of the neighborhood surrounding the right-of-way, (c) the pre-excavation condition of the right-of-way; remaining life expectancy of the right-of-way affected by the excavation, (d) whether the relative cost of the method of restoration to the permit holder is in reasonable balance with the prevention of an accelerated deprecation of the right- of-way that would otherwise result from the excavation, disturbance or damage to the right-of-way; and (e) the likelihood that the particular method of restoration would be effective in slowing the deprecation of the right-of-way that would otherwise take place. Subd. 4. Guarantees. By choosing to restore the right-of-way itself, the permit holder guarantees its work and shall maintain it for 36 months following the completion. During • this thirty-six month period it shall, upon notification from the City, correct all restoration work to the extent necessary, using the method required by the City. Said work shall be completed.within 5 calendar days of the receipt of the notice from the City, not including days during which work cannot be done because of extraordinary circumstances or days when work is prohibited as unseasonable or unreasonable under Section 1165.16. Subd. 2. Subd. 5. Failure to Restore. If the permit holder fails to restore the right-of-way in the manner and to the condition required by the City, or fails to satisfactorily and timely complete all repairs required by the City,the City at its option may preform or cause to be preformed such work. In that event,the permit holder shall pay to the City,within 30 days of billing,the cost of restoring the right-of-way. If the permit holder fails to pay as required, the City may exercise its rights under the performance and restoration bond. Subd. 6. Degradation Fee In Lieu of Restoration. In lieu of right-of-way restoration, a permit holder shall pay to the City a degradation fee to cover City costs associated with a decrease in the useful life of a public right-of-way caused by excavation and repairs. Payment of a degradation fee does not relieve the permit holder of the obligation to make necessary right-of-way repairs. Section 11.65.14. Joint Applications. -12- •