§ 16.04.080. Security.
The commission may require as a permit condition that the performance and observance of other conditions be secured by one or both of the following methods:
A.
By a bond or deposit of money or negotiable securities in an amount determined by the commission to be sufficient and payable to the city;
B.
By a conservation restriction easement or other covenant running with the land, executed and properly recorded (or registered, in the case of registered land).
(C.O.83-329 § 10)