§ 151.37 CORPORATE SURETY BOND.
   (A)   Each public and/or private utility doing business within the corporate limits of the town shall file with the Town Clerk-Treasurer a corporate surety bond in the principal sum of $10,000, as and for assurance to the Town Council that each of such utilities shall fully comply with the provisions of §§ 151.30 through 151.36 of this code regulating the maintenance, repair, cutting, construction, reconstruction or alteration of public streets, alleys, curbs, sidewalks and other public ways within the town.
   (B)   In the event that any such utility shall fail to comply with the provisions of division (A) above, permits as are provided for in § 151.32 of this code shall not be issued until compliance is had.
(Ord. 15, 1983, passed 11-15-1983)