§ 5-2-1-6. BONDING.
   (A)   No street cut or right-of-way use permit shall be issued until a satisfactory maintenance bond is filed with the City.
   (B)   Either a three year maintenance bond in the sum of $10,000 for a specific location or a three year blanket maintenance bond in the sum of no less than $100,000 for all locations per calendar year, shall be required to work in right-of-way. The City Engineer may require the bond amount be increased upon review of the application.
   (C)   Bond shall name the "City of Lawrence" as the beneficiary or obligee.
(Am. Ord. 15, 2020, passed 12-7-2020)