Such sidewalk and curb contractor shall execute a bond in the sum of one thousand five hundred dollars ($1,500.00) conditioned for the faithful performance of all the terms and conditions of his contract, and shall also execute a bond in the sum of two thousand dollars ($2,000.00) conditioned so as to save harmless the city and also all owners of property along which or in front of which such contractors shall construct sidewalks or curbs under his said contract from all loss or damages, whatsoever, by reason of or on account of any sidewalk or curb constructed by such sidewalk and curb contractor under his contract becoming unsafe or defective, within two (2) years from the date of construction thereof, on account of materials used therein or workmanship thereon.
Such bonds shall run to the city and shall be signed by at least two (2) resident freeholders within the city or by some bonding company authorized to transact business in the state, and shall be approved by the mayor and city attorney.
Actions may be maintained upon the last mentioned bond by either the city or by any person whomsoever who shall suffer any loss or damage by reason or on account of any sidewalk or curb constructed by such sidewalk and curb contractor becoming unsafe or defective within said two (2) year period on account of materials used therein or workmanship thereon 1 . (Ord. 97, 8-5-1910)
Notes
| 1 | 1. See section 9-1-21 of this chapter. |