If the Planning Board, after public hearing, approves the application for a permit and determines it is not prohibited by Section 9.0, it shall grant the excavation permit upon receipt of an excavation permit fee of $50, and the posting of a bond or other surety with the municipal treasurer in the amount determined by the Board to be sufficient to guarantee compliance with the permit. The excavation permit shall be granted for a period of five years from the date the permit was issued, unless specified otherwise by the Planning Board. The performance bond or other surety shall be for a period of the permit plus 18 months after the reclamation of the site has been completed and approved by the Planning Board’s designee; the expected duration of the excavation shall not be greater than five years unless an application for amendment is filed and is granted.
A copy of the permit shall be prominently posted at the excavation site and the principal access thereto. A permit shall not be assigned or transferred without the prior written consent of the Planning Board. The Planning Board may include in a permit such reasonable conditions as are consistent with the purpose of this regulation including requirements which are more stringent than RSA 155-E and the provision of visual barriers to the excavation.