(A) No person, partnership, firm, corporation, or individual shall engage within the corporate limits of the city in the business of outdoor advertising by means of ground signboards, until he has filed with the Clerk-Treasurer a good and sufficient surety bond in the penal sum of $5,000.
(B) The bond shall be conditioned so that the person, partnership, firm, corporation, or individual engaged in the business of advertising by means of ground signboards shall comply with all provisions of this chapter and save the city and its officials or agents harmless from all damages, liabilities, losses, or judgments that may be claimed against the city by reason of negligent erection or maintenance of any ground signboard.
(C) The bond shall be executed by a recognized and responsible surety company authorized to do business in the county, as surety thereon, to the satisfaction and complete approval of the Mayor.
('67 Code, § 110.02) (Ord. 2-1989, passed 5-15-89) Penalty, see § 111.99