Prior to the issuance of a permit under this chapter, the permittee shall supply the City with a corporate surety bond or cash deposit, in an amount to be determined by the City Engineer, taking into consideration the nature and extent of the work to be accomplished. Such surety bond or deposit shall be conditioned upon the permittee's compliance with this chapter and other applicable rules, regulations and ordinances imposed by the City and also upon the permittee's securing and holding harmless the City and its officers against any claim, judgment or other cost arising from the project covered by the permit.
(Ord. 65. Passed 3-20-84.)