§ 96.062 WAIVER OF DEPOSIT AND BOND.
   The Director of Public Works, in his sound discretion, may waive the requirement of either a special deposit, or a general deposit, or a bond and may utilize the direct billing procedure authorized by § 96.061, with respect to any person which is a regulated public or private utility and which has maintained a satisfactory record of payment with respect to obligations due to the city. Any such waiver, once granted, may be revoked by the Director, should such satisfactory payment record not be maintained thereafter.
('64 Code, § 19-36.1) (Ord. 412, passed 10-14-71)