The financial guarantee may be released only when:
(a) The Permit has been surrendered to the Permit Authority before commencement of any physical activity on the site of the permitted development or activity.
(b) The development or activity has been abandoned and the site has been returned to its original condition or to a condition acceptable to the County in accordance with criteria adopted by the County for the matter of state interest for which the Permit is being granted.
(c) The Project has been satisfactorily completed.
(d) A phase or phases of the Project have been satisfactorily completed allowing for partial release of the financial guarantee consistent with Project phasing and as determined appropriate by the Board of County Commissioners.
(e) The applicable guaranteed conditions have been satisfied.