Each contractor registration shall be approved once the Law Department approves the surety bond. The surety bond will only be sent to the Law Department for approval once all other requirements are on file in accordance with Section 1305.02
(c). The date the Law Department approves the surety bond will be the date the contractor registration becomes effective. The contractor registration shall expire one (1) calendar year from the date of the Law Department’s approval of the surety bond.
A continuation certificate provided by the insurance company, as approved by the Law Department, shall be an acceptable form of extending the initial surety bond from year to year after the initial registration.
The City may properly refuse to renew any registration if cause for suspension or revocation of the registration as described in Section 1305.06
has been shown to exist.
(Ord. 11570/02. Passed 5-22-02.)