What is the financial guarantee?

A cash escrow or letter of credit in the amount of 110 percent of the value of the tree replacement identified in the tree protection plan is required. 

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1. Why does the City have a tree protection ordinance?
2. How does this ordinance help meet the goals of the City’s Climate Action Plan?
3. Who must comply with the tree protection ordinance?
4. When is a tree protection plan and Residential Tree Protection Permit required?
5. What must be included in a tree protection plan?
6. Where do I find a Residential Tree Protection Permit?
7. What is a “protected tree"?
8. What is a “heritage tree"?
9. What is a “critical root zone"?
10. Can a protected tree be removed?
11. Can a heritage tree be removed?
12. What happens if protected or heritage trees were removed before an application is submitted?
13. What is the financial guarantee?
14. When do I get the financial guarantee money refunded?