A landscape security is money paid by the applicant and collected by the City to cover the cost of landscaping and ensures that landscaping is completed according to the approved development permit plans.
Securities are only required for major development permits (commercial, industrial, and multi-family residential).
There are two types of securities collected during the development permit inspection process:
Landscaping Completion Securities are collected if landscaping is incomplete at the time of the inspection.
If landscaping is not completed at the time of the inspection, a security may be collected at 100% of the value of the outstanding work (with a minimum of $3000). Note: the security will contain a 10% contingency.
This security will be released to the applicant once an inspector confirms that the work has been completed.
Landscaping Maintenance Securities are collected to ensure landscaping is maintained for the required two-year maintenance period.
If landscaping is completed at the time of the inspection, a security will be collected at 20% of the value of that landscaping.
This security will be released to the applicant after the two-year maintenance period in order to ensure that the landscaping survives.