12.02.030: LICENSED AND BONDED:
A.   Any person, persons, firm or corporation desiring to construct or pave streets, using asphalt, concrete and/or portland cement concrete within the city limits must be licensed and bonded. A performance bond in the amount of ten thousand dollars ($10,000.00) is required to be on file with the city clerk before a permit can be issued and work is commenced.
B.   No surety will be accepted who is now in default or delinquent on any bond or who is interested in any litigation against the city. All bonds shall be executed by surety companies licensed to do business in the state and acceptable to the council. Each bond shall be executed by the contractor and the surety. (Ord. 861 §1, 1998)