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18. A specific condition on performance guarantee is required to ensure rehabilitation of the site <br /> and compliance with conditions of approval. The amount of the guarantee is and will be fully <br /> in force for any phase which is being excavated. The estimated cost of rehabilitating each <br /> phase must be reviewed by the Department of Public Works. The type of financial guarantee <br /> ._: proposed by the applicant under this Section must be found acceptable by County Counsel <br /> prior to the public hearing on the permit. The financial guarantee shall be payable to the lead <br /> agency and the State Geologist. The type of financial guarantee shall be one of the following.- <br /> a) Surety. <br /> b) Irrevocable letters of credit, <br /> ' c) Trust fund. <br /> Applicant is currently in compliance with the performance guarantee. <br /> a <br /> i <br /> { <br /> + .x q <br /> 4 _ <br />