Any person obtaining a permit under this chapter shall, before renewing or in any manner changing the surface of the sidewalk, curb, gutter, street, highway, avenue or alley, provide the City a bond or other security guaranteeing that the obligor of the bond will pay to the City the amount of the bond should the permittee fail, neglect or refuse to complete the work, including the excavating or filling in of the sidewalk, curb, gutter, public street, highway, avenue or alley and all public utilities in proper condition to the satisfaction of the City after the work provided for in the permit has been finished; provided, however, that instead of special bonds to cover particular work, any person intending to make excavations in sidewalks, curbs, gutters, public streets, alleys, or any public places in the City may make and maintain with the City a general bond in the sum of two thousand five hundred dollars ($2,500.00), which general bond shall be conditioned and used for the same purpose as the special bond hereinbefore described in this section, covering all work to be done instead of any particular piece of work. So long as such general bond is maintained at the sum of two thousand five hundred dollars ($2,500.00), the permittee shall not be required to provide the aforementioned special bond, but shall be required to comply with all other provisions of this chapter. Notwithstanding the foregoing, public utilities under the jurisdiction of the Nevada Public Utilities Commission and having a current franchise with the City shall be considered bonded for purposes of this section. (Ord. 835, 3-12-2019)