(A) All corporations, companies, firms, and persons shall, before excavating in, digging up, or disturbing the surface of any street, alley, or sidewalk in the town, execute and deliver to the town a bond payable to the town in the penal sum of not less than $1,000 nor more than $5,000, with sufficient surety approved by the Town Council. The penal sum of each bond shall be fixed and determined by the Town Council. No written permit as provided for in § 96.04 shall be issued by the Clerk-Treasurer until the applicant for the permit has executed and delivered the bond.
(B) This bond shall be conditioned that the streets, alleys, sidewalks, and public places where the work is done shall be promptly replaced and restored in as good repair as before the work was commenced, that the replacements and repairs will be settled, and that the places will be promptly restored with the same grade and surface in as good or better condition that prevailed prior to the commencement of the work. The principal in the bond will indemnify and hold the town harmless from all damages they may accrue to any person arising out of or in any way connected with the work or the performance thereof.
(Ord. 2013-06, passed 9-17-13)