Each applicant shall file with the application a bond in the sum of $10,000, with surety to be approved by the Village Board conditioned to save the village harmless from any liability resulting from or caused by such vault, room or structure. Whenever in the opinion of the Village Board, the sureties on such bond become insolvent or unlawful, different sureties may be required by order of the Village Board.
(Prior Code, § 4-1A-4)