7. The applicant shall post a bond before issuance of a building permit to cover
7. The applicant shall post a bond before issuance of a building permit to cover costs for the removal of the RMD in the event the Town must remove the RMD. The value of the bond shall be based upon the ability to completely remove all the items associated with the RMD and properly clean the facility at prevailing wages. The value of the bond shall be developed based upon the applicant providing the SPGA with three (3) written bids to meet the noted requirements. An incentive factor of 1.5 shall be applied to all bonds to ensure compliance and adequate funds for the Town to remove the RMD at prevailing wages.