Where the risks of nonperformance or improper performance of the rental agreement appear great, the director of enterprise services may require the tenant to give performance security by means of legal tender, certified check, cashier’s check, bank draft, postal money order, traveler’s check, surety bond, or in some other suitable form to be approved by the director, in an amount deemed appropriate by the director of enterprise services to assure full performance on the part of the tenant or to secure the interests of the city against improper performance or use of the rented facility.
(Sec. 29-1.10, R.O. 1978 (1987 Supp. to 1983 Ed.)) (1990 Code, Ch. 28, Art. 6, § 28-6.10) (Am. Ord. 03-03)