No City building moving permit shall be issued under this article until such time as the applicant shall have deposited with the officer issuing such permit a cash bond in such sum as may be reasonably necessary to protect the City and cover all loss from damage accruing to it or its citizens by reason of any negligence or improper occupancy of the streets, sidewalks, and any and all property therein. Any negligence or improper occupancy of the streets, sidewalks, or other public places shall be provided against in the bond and such bond shall be deposited upon the understanding that it is to cover all of the conditions as set forth in this section of this article. All such persons as described in this section engaged as principals in the business described in this section shall file a surety bond to be approved by the City in the sum of ten thousand dollars ($10,000.00), conditioned that such person shall save, indemnify, and keep harmless the City against any and all liabilities, judgments, damages, costs, and expenses which may in any way accrue against the City in consequence of the granting of such permit or while acting under the same and will under all circumstances strictly comply with the terms of such permit. Any such surety bond shall not be in any manner affected by the fact of the cash deposit and bond required in this article. Any such person as referred to in this section or his laborer, servant, or agent or employee shall cause a sufficient passageway to be kept open for vehicles to pass on one (1) side or both sides of any building, structure, edifice, object, or thing while the same is being moved upon any street, avenue, or alley and, when possible, the same shall be kept moving each day unless the actual elements render this impossible.
(Code 1991, § 5-603)