Before any permit as herein provided shall be issued, the applicant shall deposit with the treasurer of the City of Pullman a sum of money equal to the fee prescribed in Section 11.28.030. This money so deposited shall be returned to the applicant at such time as said street, alley, highway, sidewalk, or public place has been returned to its approximate condition prior to work and in the event that said applicant should fail to satisfactorily complete the removal of the obstruction as provided in the permit, the money shall be used by the City of Pullman to remove the obstruction and to restore the street, alley, highway, sidewalk, or public place to its approximate condition prior to work, providing that should the cost to the City of Pullman for labor and materials in completing the replacement and the removal of the obstruction exceed the amount so deposited, the City shall have cause of action against the applicant for the balance of such cost. In the event that the cost to the City of Pullman should be less than the amount of the deposit, the difference shall be refunded to the permittee. (Ord. A-964 §18, 1971).