Every applicant, not a resident of the City, or who, being a resident of the City, represents a firm whose principal place of business is located outside the State of Ohio, shall file with the Director of Finance a surety bond, running to the City in the amount of one thousand dollars ($1,000) with surety acceptable to and approved by the Director of Law, conditioned that the applicant shall comply fully with all the provisions of the ordinances of the City and the statutes of the State of Ohio regulating and concerning the business of solicitor and guaranteeing to any citizen of the City that all money paid as a down payment will be accounted for and applied according to the representations of the solicitor and further guaranteeing to any citizen of the City doing business with the solicitor that the property purchased will be delivered according to the representations of the solicitor. Action on such bond may be brought in the name of the City to the use or benefit of the aggrieved person. The applicant shall furnish a copy of their General Liability Policy in the amount of three hundred thousand dollars ($300,000.00) naming the City of Garfield Hts. additionally insured.
(Ord. 78-2021. Passed 10-12-21.)