§ 14-02 Financial Security Requirements.
RCNY § 14-02
(a)Prior to the final approval of a street activity permit by the Street Activity Permit Office of the Mayor's Community Assistance Unit, every sponsor shall furnish either a cash deposit to the Department, or shall enter into a guaranty agreement in lieu of deposit with the Department by signing a form provided by the Department, wherein the sponsor shall agree to clean and maintain all streets throughout the event area and arrange for the collection and proper disposal of refuse and recyclable materials.
(1)Cash deposit requirement. A sponsor shall be required to furnish to the Department a cash deposit if: (i) the sponsor retains the Department to provide the cleaning and/or collection and proper disposal of refuse and recyclable materials during the event, or (ii) the sponsor has not previously held a street event in the city and two of the following conditions exist: (A) more than five hundred people are expected to attend the street event; (B) the street event will last more than one day; (C) the event will span more than one block; (D) the event will offer food and/or beverages for sale, or (iii) in the opinion of the Department, the sponsor failed to adequately clean an area used by the sponsor for any street event held in the city during any previous year(s).
(b)The sponsor shall remit to the Department a cashier's check or certified check for the required deposit, as determined by the Department in accordance with 16 RCNY § 14-03, payable to the "Department of Sanitation Special Events Fund." Such deposit check shall display the name of the sponsor and the application/permit number of the event. The sponsor shall mail the deposit check to: Deputy Commissioner for Administration Department of Sanitation 125 Worth Street – Room 702 New York, NY 10013 Failure to make the required deposit payment to the Department within the specified time period shall result in the denial of the sponsor's application for a street permit.
(c)Guaranty agreement in lieu of deposit. If, in the opinion of the Department, the sponsor adequately cleaned an area in the city during any street event previously sponsored by him or her, or the sponsor does not intend to retain the Department to provide cleaning and collection services, the sponsor shall sign a guaranty agreement in lieu of deposit in a form provided by the Department. Such agreement shall provide that the sponsor will clean and maintain the street event area in a litter-free condition during and at the close of the street event, provide for the collection and proper disposal of refuse and recyclable materials, and reimburse the Department for all costs associated with the cleaning and/or collection and proper disposal of refuse and recyclable materials if, at anytime during the street event or upon its conclusion, the Department had to provide either or both of these services to the street event area as a result of the sponsor's failure to provide same. Sponsors shall forward the guaranty agreement in lieu of deposit to: Special Events Office Department of Sanitation 125 Worth Street – Room 807 New York, New York 10013
