(A) Upon receipt of license commercial hauler shall post a $150 performance bond or cash deposit as liquidated damages with the City Clerk.
(B) This bond will be forfeited and license revoked should any of the stipulations in this subchapter be violated.
(C) At the time of forfeiture of the bond, and revocation of the license, the commercial hauler shall cease all operation of any hauling services within the city limits.
(D) Upon the posting of a new performance bond of $200 the license shall be reinstated and inner city hauling may resume.
(E) Each time the performance bond is forfeited for any reason, the new bond amount shall increase $50. (i.e., first offense new bond shall be $200, second offense new bond shall be $250, third offense new bond shall be $300.
(F) Upon the third forfeiture of bond and revocation of license the commercial hauler will be required to obtain the permission of the Board of Public Works and Safety before resuming hauling operations within the city limits.
(G) Upon completion of 12 consecutive months with no further forfeiture of bond or revocation of license the performance bond rate shall revert to the base rate of $150.
(Ord. 8-93, passed 5-10-93; Am. Ord. 7-2005, passed 6-13-05)