(A) Application for a city plumber’s license shall be accompanied by a bond to the city in the sum of $2,500 conditioned upon a full indemnity to the city against damage to the city or to persons to whom the city may liable by reason of:
(1) Failure of the firm to observe ordinances of the city pertaining to plumbing, and the care of public streets, alleys and sidewalks;
(2) Failure of the firm to observe all rules and regulations established under the authority of any ordinances of the city pertaining to plumbing, and the care of the public streets, alleys and sidewalks; or
(3) Negligence of the firm or its employees in performing or protecting any plumbing work.
(B) Each bond shall be renewed at intervals of two years, or more often in the event of the impairment of the surety. Such bond may be written by a competent surety company, or may be secured by a deposit of cash or United States government securities in the amount of such bond. The surety or security shall be approved by the Mayor and be filed with the City Clerk.
(1999 Code, § 11-1-8) (Ord. 300, passed - -)