Prior to the issuance of any license, the shall require that the applicant deposit a bond approved as to form in the amount of $10,000 in favor of the city, conditioned upon the satisfactory observation of all the requirements of this code pertaining to . The bond may be of continuous form with accumulative liability, and shall be cancelable only after ten days’ written notice to the city. The license shall remain in force only during the term of a valid bond.
(1958 Code, § 141.01)  (Ord. 10, passed 2-6-1961; Ord. 87-77, passed 10-16-1987; recodified by Ord. 95-13, passed 8-7-1995; Ord. 2020-28, passed 9-14-2020)