727.04 BOND REQUIRED.

   No health spa or health spa service license shall be granted pursuant to this chapter until the applicant therefor has executed and deposited with the Health Department a satisfactory bond in the sum of five hundred thousand dollars ($500,000) in favor of the City, and such bond shall be conditioned so that all prepaid health spa service contracts shall be fully performed by the licensee and conditioned so that the licensee will refund the contract price on prepaid health spa service contracts that the licensee is unable to provide. The failure to maintain a valid bond on file with the Health Department shall be grounds to revoke any license issued.

(Ord. 81-136. Passed 5-5-81.)