A.   All persons registered as plumbing contractors must post a bond in the sum of one thousand dollars ($1,000.00), executed by a surety company authorized to transact business in this state. The bond shall be payable to the city and shall be conditioned that the principal will restore with the same material and in the same manner all streets, alleys, sidewalks, and other public places in any way disturbed by him, his agents, subcontractors or employees. The bond shall be conditioned further that the principal shall indemnify and save blameless the city from any and all loss, expense, cost, damage, action or liability of any kind whatever, including reasonable attorney fees which the city may accrue against it or be recovered from the city by reason of:
      1.   Any loss, damage, injury sustained, suffered or incurred by any person on account of or by reason of the doing of any plumbing, as defined herein, by the principal, his agent, subcontractors or employees, in the use of the streets, alleys and public property of the city; or in making any connections, alterations, repairs, extensions or renovations to any pipe or pipes, or mains or connections belonging to the water or sewer system of the city; or
      2.   The neglect, failure or refusal of the principal, his agents, subcontractors or employees, to erect, place and maintain proper and adequate safety devices, warning signals, lights and barricades about such work until such time as the city building inspector is notified that the work is fully completed.
The bond shall be conditioned further that the principal will comply with the rules, regulations and ordinances relating to the turning on or off of the city water supply. Such bond shall be conditioned further that the principal shall do all plumbing, as defined herein, in strict accordance with the ordinances of the city and the laws of the state, and in a good and workmanlike manner. The bond shall run for one year and shall be renewed at its expiration. No permit shall be issued to any plumbing contractor until the bond provided in this section shall have been filed. (Prior Code, Sec. 40)