§ 34.33  PERFORMANCE BONDS.
   The City Council shall have authority to require a performance bond before entering a contract in such amount as it finds reasonably necessary to protect the best interests of the city.  If the City Council requires a performance bond, the form and amount of the bond shall be described in the notice inviting bids.
('83 Code, § 3.08.140) (Am. Ord. 1101, passed 5-17-95)