770.06 PERFORMANCE BOND.

   Any applicant, at the time of application, shall deposit with the City the sum of two thousand dollars ($2,000) to serve as a performance bond conditional upon compliance with this chapter. Such bond shall not only be conditioned upon compliance by the applicant, but also upon compliance with this chapter by any assignee and owner of any permit granted hereunder, or any employee, contractor, subcontractor or other party performing services in connection with any permit issued hereunder. Bond shall be released upon completion of landscaping, painting, fencing, cleanup, vital information signs and the approval of the responsible City official or officials.

(Ord. 98-1980. Passed 6-9-80.)