§ 98.010 BONDS.
   (A)   The Board of Selectmen will require a performance bond for the anticipated actual cost of the road improvement as determined by the Town Engineer and approved by the Board of Selectmen.
   (B)   A 25% minimum portion will be required in cash.
   (C)   The remaining 75% maximum will be required in an insurance bond.
(Ord. passed 4-1-1968; Ord. passed 12-13-1976; Ord. passed 8-16-1982)