1438.11 CASH OR BOND TO BE POSTED.
    The applicant shall post with the Director of Finance either cash money or a bond approved by the Law Director and executed by the applicant as principal and by a compensated surety company as surety in an amount, estimated by the City Engineer, equal to the actual cost of carrying out the action proposed to be taken by the applicant, in accordance with such plans and profiles as approved by the City Engineer. The estimate of cost of the City Engineer shall be conclusive. The cash or bond shall be returned to the applicant by the Director of Finance upon receipt from the City Engineer of a certificate stating that such action has been taken in accordance with such plans and profiles.
(Ord. 1959-98. Passed 10-5-59.)