No license shall be issued under this article to any person unless he or she shall first deposit with the City Clerk a bond in the penal sum of $2,000.00 conditioned upon compliance with the provisions of this article and further conditioned upon protecting the City against any injury or damage to the streets of the City or any damage, injury or liability incurring to the City as a result of the application of the licensee.
(Ord. 419, passed 5-7-1941)