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A bond shall be executed to the city in the amount of ten thousand dollars ($10,000.00) by a surety company authorized to do business in the state; said bond shall be for the benefit of the city and any private person or corporation sustaining damages under the conditions thereof; any such private person or corporation shall be entitled to sue thereon, in his or its own name. Such bond shall be conditioned as follows:
A. The licensee will in all respects comply with city ordinances related to the movement of houses or structures on, and the use of, city streets.
B. The licensee will save, indemnify and protect the city from all liability which may arise or be occasioned directly from the moving of any such structure by the licensee or his agents or employees.
C. The licensee shall pay all damages which may be caused to any person or property, either public or private within the city by the licensee, his agents or employees during the work associated with the moving of the structure. (Ord. 752, 3-10-1997)