At the time of making the request, under the provisions of § 151.20(C) of this chapter, the person desiring to make any opening or excavation shall also file a bond, payable to the town, in such an amount as the Town Council may designate. Such bond shall be filed with the Clerk-Treasurer and shall be conditioned to save the town harmless from any loss, cost or damage by reason of such proposed work, and that the same shall be done in all respects in conformity with the requirements of this code and all other ordinances of the town regulating the same; provided that, a single or continuing bond may be given to embrace all work of the petitioner for a period of time between the date of the execution of the same and January 1, which bond shall be in the penal sum as determined by said Council; provided further, however, that, any public utility, operating under the jurisdiction of the Public Service Commission of the state may give an indemnifying agreement in lieu of said bond.
(2013 Code, Title V, Ch. 12, § 10) (Ord. V-C-2-a(1), passed - -; Ord. V-C-2-a(2)/1983-5-2, passed - -)