§ 114.03 BOND.
   (A)   The Council may in its discretion require the applicant to file a bond in the sum of $10,000 conditioned upon the satisfactory repair or payment of any damage caused to any street, alleys or public grounds due to moving.
   (B)   The Council may, in its discretion, except a reasonable cash money deposit in lieu of a bond.
(1986 Code, § 512.03)