Every person, firm or corporation applying for a permit under this chapter shall submit with his or her application a cash bond or other bond with a lawful corporate surety to be approved by the City Council, in such amount as the City Council may determine, conditioned on his or her compliance with all the provisions of this chapter and agreeing to pay and to hold the city harmless from any claim which may be made against it by reason of the occupation of any street, alley, sidewalk or other public place by the building or structure moved.
(1977 Code, § 9-4-3) Penalty, see § 10.99