If the application is granted by either the Board or Council, the City Engineer shall issue a permit containing the restrictions imposed, if any, upon the posting of a bond in favor of the city, conditioned upon the performance of the permit in accordance with its terms, in the amount fixed by the approving body, such bond to be signed by the applicant and such sureties as may be approved by the Mayor.
(Ord. 1956-71, passed 11-5-1956)