No person, firm or corporation shall engage in or carry on the business of outdoor advertising or the business of the erection, use or maintenance of billboards as defined in § 125.01 hereof until after such person, firm or corporation shall in addition to obtaining the license as provided for herein, have filed with the City Clerk of the city, a bond in the sum of $2,000 with sureties to be approved by the Mayor. The condition of such bond to be that such person, firm or corporation, so engaged in the business of outdoor advertising or the business of the erection, use or maintenance of billboards as defined in division (A) hereof shall faithfully comply with all provisions of this section and shall further save and keep the city, and its officials harmless from all damage, liability, losses or judgments that may be claimed against the city by reason of the negligent erection or negligent maintenance of any billboard or any outdoor advertising structure as defined in § 125.01 hereof.
(Ord. 1612, passed 5-6-2003) Penalty, see § 125.99