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L <br /> The permit fee shall be determined so as to fully reimburse the City for all costs incurred • <br /> as a result of the construction, installation or other work approved by a permit, including but not <br /> limited to the costs for administrative processing of the application, engineering, inspection, and <br /> for any costs incurred in returning, the Public Ground to its original condition. Should the <br /> construction, installation or other work approved by the permit decrease the useful life or value <br /> of the Public Ground, or should the same not be returnable to its original condition, the City may <br /> recover such decreased value, damage, cost or fees from the permit fee. <br /> Subdivision 5. Term of Non-Permanent Occupancy Permit. The maximum period allowed <br /> for a non-permanent occupancy permit to perform installations or repairs shall be three (3) <br /> months. Construction, installation or other opening, disturbance, or obstruction of Public Ground <br /> beyond the period covered by each permit, including construction, installation, repair or other <br /> opening of Public Grounds covered by a permanent occupancy permit, shall require obtaining a <br /> new permit with payment of applicable fees. Application for such permit shall be subject to the <br /> same review as the original permit application. <br /> Subdivision 6. Security for Completion of Work. Prior to commencement of work, the <br /> Company must deposit with the City security in the form of certified check, letter of credit, or <br /> construction bond, in a sufficient amount as determined by the Director for the completion of the <br /> work. If more than three work projects are to be constructed during a calendar year, the applicant <br /> may, in lieu of individual securities, deposit $ with the City in a form satisfactory <br /> to the Director. The securities will be held until the work is completed plus a period of <br /> months thereafter to guarantee that restoration work has been satisfactorily completed. The • <br /> security will then be returned to the Company with interest if held for a sufficient length of time <br /> to be required by law and then interest at the applicable statutory rate. <br /> Subdivision 7. Inspection of Work. When the work is completed, the Company must <br /> request an inspection by the Director. The Director will determine if the work has been <br /> satisfactorily completed and provide the Company with a written report of the inspection and <br /> approval. <br /> Subdivision 8. Permit to be Displayed. Permits shall be available at all times for ease of <br /> inspection on the indicated work site or at a site mutually agreed upon by City and a Company. <br /> Subdivision 9. Penaltv. Failure to secure required permits prior to beginning <br /> construction, excavation, installation, or work of any kind in Public Ground shall constitute a <br /> misdemeanor under this Ordinance. <br /> SECTION 3 <br /> RESTORATION AND RELOCATION <br /> Subdivision 1. Restoration. Upon completion of the work contemplated by a permit, the <br /> Company must restore the general area of the work, including the pavement and its foundations, <br />