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Before a written permit to do the work is issued by the director of public works after. application therefor is made. The applicant shall pay a filing fee in the amount of fifty dollars ($50.00) to the director of public works. The amount of the filing fee may be adjusted by the director of public works from time to time to reflect the · average cost of the actual time expended in the administration, inspection and superintendence of such work. Before such permit is issued, the applicant shall deposit with the director of public works a sum of cash, and shall file with the director of public works a continuing bond with good and sufficient sureties payable to the city, both conditional upon the' faithful performance of all the requirements of the permit and the law, and the restoration of the street, avenue, public highway or alley, and the sewers therein, in as good a condition as it was before the work was done. The amount of the deposit and bond shall be sufficient, in the judgment of the director of public works, to ensure the faithful performance of such conditions, and in no case shall the deposit be less than two hundred fifty dollars ($250.00) nor the bond be less than one thousand dollars ($1,000.00). All cash so deposited shall be kept in a special fund in the city depository and shall be repaid after all deductions, if any, have been made by the director of public works to satisfy such conditions. Upon completion of the work to the satisfaction of the director of public works, the director of public works shall authorize the termination of the bond. If the work is not commenced within thirty (30) days after the issuance date of the permit, or if the work is suspended or substantially abandoned for a period of thirty (30) days after the time of commencing work, the permit shall become invalid unless an application to extend this time is received prior to the expiration of the period and the director of public works grants a time extension for good cause. All work must be completed by the expiration date specified in the permit, which shall be set based upon the amount of time the director of public works deems necessary to complete the work, provided that the director of public works may grant an extension of the expiration date for good cause. The permit and all approved plans and specifications shall be available at the work site at all times, and shall be produced for the director of public works upon request. Upon notice from the director of public works that the work is being prosecuted contrary to the permit or in an unworkmanlike or unsafe manner, such work shall immediately stop. The stop work order shall be in writing and shall be given to the person doing the work or posted at the work site. The director of public works is authorized to adopt and promulgate rules and regulations to interpret and implement the provisions of this section to secure the intent thereof and to promote the public health, safety and general welfare.