Any person desiring to make any excavation in any of the public streets, alleys or other public places shall first made an application to the Building Inspector, which said application shall state where such excavation is to be made, the extent thereof, and in front of which lot or lots within the city and for what purpose the excavation is to be made. Before any such permit be issued to any such person there shall be posted by such person a good and sufficient bond to be approved by the City Finance Officer in the sum of $10,000, which bond shall be conditioned that such applicant shall fulfill all obligations provided in §§ 150.23 and 150.27. Only one bond is necessary for any number of authorized excavations as long as the bond is in force and effect. If the Building Inspector, after careful examination, finds the application in proper order and in conformance with the provisions herein, and if said bond has been properly posted, he or she may issue said permit to the applicant.
(Prior Code, § 9-2-3)