Every licensee under the provisions of this chapter shall file with the Clerk a bond in the sum of $5,000 with sureties to be approved by the President and Board of Trustees of the village to indemnify the village for any loss, damage, or expense occasioned by said licensee by any act or failure of the licensee to comply with the ordinances of the village relating to the business of house moving or moving houses.
(Ord. 103, passed 10-15-1963)