Before a license is issued, each applicant shall post a bond of the amount that shall be set by the City Council from time to time with the Clerk-Treasurer. Such bond shall be conditioned to indemnify and pay the city for any penalties or costs occasioned by the enforcement of this chapter and shall not be retired until after a lapse of 30 days from the expiration of each license.
(Ord. 123-16.08, passed 10-10-1983)