7.6.17 Financial Surety. The Board of Appeals may require the applicant for utility
7.6.17 Financial Surety. The Board of Appeals may require the applicant for utility scale wind facilities to provide a form of surety through a bond or otherwise to cover the cost of removal in the event the town must remove the facility. The amount of said surety shall be determined by the Board of Appeals, but in no event shall the amount exceed more than one hundred twenty five (125) percent of the cost of removal and compliance with the additional requirements set forth herein, as determined by the -82- applicant. Such surety will not be required for municipally or state-owned facilities. The applicant shall submit a fully inclusive estimate of the costs associated with removal, prepared by a qualified engineer. The amount shall include a mechanism for Cost of Living Adjustment.