A. In addition to the construction bond set forth above, the Grantee may be required, at least thirty (30) days prior to the commencement of operation, to file with the Grantor a performance bond in the amount specified in the Franchise Agreement in favor of the Grantor as a result of any occurrence in the operation or termination of the Cable Communications System operated under the Franchise Agreement and including the payments required to be made to the Grantor hereunder.
B. Such bond as contemplated herein shall be in the form approved by the City Attorney.
C. In no event shall the amount of said bond be construed to limit the liability of the Grantee for damages.
('65 Code, § 35B-5(b)) (Ord. No. 87-021 § 1; Ord. No. 2001-009 § 1)