1321.06 REGISTRATION REQUIRED.

   As a condition for the issuance of a registration to any contractor as herein provided, such contractor shall give a bond to the City in the principal sum of twenty-five thousand dollars ($25,000). Such bond shall be conditioned on the registrant’s performing all work to be done by him as a contractor in his trade in conformity with all of the laws of the State, the ordinances of the City and the plans and specifications approved by the State or the City. Upon default of such performance, the obligation of the bond shall become effective. The form of the bond shall be such as the Law Director prescribes and no registration shall become effective until such bond has been filed with the Finance Director, with sureties thereon approved by the Building Commissioner.

(Ord. 2001-50. Passed 11-13-01.)