§ 150.102 BOND.
   Every application for such license shall be accompanied by a bond of the applicant with an approved surety company, to be approved by the City Council or by the City Manager when the City Council is not in session, in the penal sum of $1,000 conditioned that such license will protect the city against liability on account of all accidents or damages occurring during the execution or by reason of lack of protection of the work of the licensee, either by himself, herself or any person acting under his or her direction, or for any imperfect or for inadequate work done under any virtue of his or her license; and that said licensee will conform to all conditions and requirements of said city, relative to work to be done under such license, and for the restoration of streets, alleys, sidewalks, pavements, or subsurface improvements, disturbed by the licensee, to a condition equally as good as before disturbed by him or her.
(Prior Code, § 150.097) (Ord. 60-1, passed 12-19-1960)