All sidewalk builder’s bonds provided for by the terms of this article shall be in the penal sum of $2,000.00 or more, as the City Council may determine, with a surety company duly authorized to do business in the State as surety, such surety to be approved by the City Council. The bond shall be executed to the City and conditioned upon the faithful observance of the provisions of this Code and other ordinances in effect at the date thereof concerning the building, rebuilding or repair of sidewalks; and further conditioned that the principal executing the same shall construct all sidewalks of good material and workmanship and in strict accordance with all specifications and regulations prescribed by the Director of Public Works and Utilities for the construction, repair or maintenance of sidewalks; and further conditioned for the payment to the City and to all persons entitled thereto, of the cost and expense of rebuilding or repairing the sidewalks at any time within a period of three years from January 1, next following the completion of the work, any defect due to the construction of such which, in the judgment of the Director of Public Works and Utilities, may require the same to be rebuilt or repaired; also to indemnify and save harmless the City on account of any claim for damages or injuries to persons or property due to the failure to maintain sufficient guard lights or barriers to maintain the street where the work is being constructed, reconstructed or repaired in a condition reasonably safe and fit for public travel and in compliance with the provisions of this Code and other ordinances of the City.
(Ord. 505, passed 10-5-1942; Ord. 1376, passed 4-8-1957)