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Sec. 13.25. Posting Deposit.
 
   Every application for a franchise, permit or privilege shall be accompanied by a cash deposit of not less than Two Hundred Dollars ($200.00), or by a certified check for said amount payable to the City Treasurer and certified to by some responsible bank in the City of Los Angeles as a fund out of which to pay an expenses connected with such application, and every bid shall be accompanied by a cash deposit of not less than Five Hundred Dollars ($500.00), or a certified check for said amount, payable to the City Treasurer, certified to by some responsible bank in the City of Los Angeles as a guarantee of good faith by the bidder.
 
SECTION HISTORY
 
Based on Ord. No. 58,200.