§ 27-64. Financial responsibility.  


Latest version.
  • EPGMD may require an applicant to submit proof of financial responsibility and may require the applicant to post appropriate security to guarantee compliance with this chapter. If the applicant cannot establish sufficient financial security, the license application may be denied. Failure to pay a penalty owed to EPGMD may be proof of inadequate financial responsibility. Sufficient financial security shall mean the financial capability of the applicant or licensee to cure any environmental damage caused by the applicant's or licensee's activity, to ensure that the project is constructed in accordance with the plans submitted with the license application, and/or to ensure that all required license activities, conditions, or other requirements necessary for compliance with this chapter are properly performed and completed. Any security must be approved by Broward County Risk Management Division. The form of the security must meet the approval of the County Attorney's Office.

(Ord. No. 2003-34, § 1, 9-23-03; Ord. No. 2005-11, § 9, 5-24-05; Ord. No. 2009-56, § 1, 8-25-09)