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1.2.1 The permit applicant has completed to the satisfaction of the City <br /> ngineer or designee a project of similar or greater magnitude within the past 24 <br /> onths which was constructed under aright-of--way permit issued by the City of <br /> ugene; or, <br /> 1.2.2 The permit applicant has on file with the City a Public Way <br /> erformance bond as described in Section R-7.302-H-2 below. <br /> i <br /> 2. public way performance bond or security deposit shall be required prior to <br /> issuance of an nnual blanket permit. The bond or security deposit shall be the greater of either <br /> $20,000 or th total cost of trench backfill, compaction, pavement restoration and associated <br /> traffic control r 20% the anticipated work to be performed under the annual permit. <br /> . l The permit applicant shall provide the City with cash, a surety performance <br /> bond w ich has been fully executed by applicant and its surety, guaranteeing Applicant's <br /> obligati ns under this paragraph or another type of security acceptable to City, in its sole <br /> discreti n. If applicant provides City with a bond, it shall be in a form acceptable to City, <br /> in its so a discretion. <br /> G <br /> 3. he permit applicant shall agree to indemnify and hold the City harmless from any <br /> loss, cost or d ages arising out of or in connection with any activities associated with the permit. <br /> ~ -7.302-I r f r f T l m ni i n Li n <br /> In the a ent a telecommunications license is transferred under the conditions contained in <br /> hapter 3 of th Eugene, Code 1971, the new licensee shall be responsible for all the previous <br /> icensee's outs nding agreements and obligations to the City regarding use of the public way. <br /> hese shall incl de but not be limited to maintenance of restored utility trenches within the public <br /> ay and compl tion of all work authorized by outstanding permits. <br /> i <br /> This Ru shall become effective immediately and remain in effect for a period of 180 days <br /> rom the date h reof unless replaced earlier by an emergency rule, temporary rule, or permanent <br /> le adopted in ccordance with the provisions of Section 2.019 of the Eugene Code, 1971. <br /> i <br /> <br /> 1 Dated t is ~ day of ' w--- , 1997. <br /> City Manager <br /> I <br /> Administrative rder - 7 05/29/97 <br /> I <br /> I <br /> <br />