Unless otherwise provided in an unexpired franchise agreement, before a franchise granted pursuant to this chapter is effective, and as necessary thereafter, the provider shall provide a performance bond, in form and substance acceptable to the city, as security for the full and complete performance of a franchise granted under this chapter, including any costs, expenses, damages or loss the city pays or incurs because of any failure attributable to the franchisee to comply with the city code, ordinances, rules, regulations or permits.
(Ord. 1326, passed 4-3-2017) Penalty, see § 91.999