City Council

(29) 24­0257 PUBLIC WORKS COMMITTEE REPORT relative to the implementation and potential impacts of requiring a bond deposit for the issuance of a Building Materials Permit. Recommendation for Council action, pursuant to Motion (de León ­ Price): INSTRUCT the Bureau of Street Services and Bureau of Engineering, with advisement from the City Attorney, to report to Council within 30 days regarding implementation and potential impacts of requiring a bond deposit for the issuance of a Building Materials Permit with considerations as to the availability of such bonds and suggestions on how to scale the bond amount based on the size of the project and the impacts to the public right­of­way. Fiscal Impact Statement: Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report.