3.08.170 Other formal bond requirements.
   The purchasing agent shall have authority to require a faithful performance bond or other bonds in an amount reasonably necessary to protect the best interests of the city before entering into a contract other than a public project contract. If bonds are required, the form and amount thereof shall be designated in the notice inviting bids.
(Ord. 567-21 Exhibit A, 2021; Ord. 3 § 1 (part), 1991: prior code § 3.12.175)