The permit required under Section 507.04 shall be issued by the Director of Public Service only upon the deposit of a sum not less than two hundred dollars ($200.00), as he or she shall determine sufficient to pay any and all claims for damages to the sidewalk, including the sidewalk in front of the adjoining building or premises. The deposit or the balance thereof remaining after deducting the cost of any damage to the sidewalk and that of the adjoining premises shall be returned to the permit holder.
(Ord. No. 856-49. Passed 6-13-49)