§ 113.063 BOND.
   It shall be unlawful to conduct any parade connected with a circus on any public street, alley, or other public way or place in the village, unless a permit is first obtained from the Board of Trustees. Such permit shall specify the route to be followed, and shall be accompanied by a bond in the sum of $10,000, conditioned to indemnify the village for any loss, damage, or liability incurred or caused by the conduct of such exhibition or such parade.
('70 Code, § 2.2.6.8)