No contract for a public project shall provide for, authorize or permit the payment of more than 90% of the contract price before the completion of the work done under the contract, and acceptance thereof by the city, and the expiration of the stop notice claim period and the resolution of any such claims filed thereunder.
(‘86 Code, § 3.40.050) (Ord. 3507, passed  - - ; Am. Ord. 4517, passed 2-25-08)