Any other provision of this subchapter to the contrary notwithstanding, any utility company, whether public or private, disturbing the surface of any public street, sidewalk, or place of the city by digging or tunneling under the surface thereof and so acting by and through a contractor, not in the course of emergency work, shall require that its contractor post a bond in the amount of $50,000, or other amount deemed appropriate by the Municipal Court, conditioned that such public street, sidewalk, or place so disturbed by digging or tunneling, shall be restored by the contractor to as good a condition as they were in prior to such digging or tunneling, to the satisfaction of a majority of the members of the Common Council.
(Prior Code, § 25-31) Penalty, see § 154.999