§ 59-179. Bond.

Latest version.

No permit shall be issued pursuant to the provisions of this division shall be issued until the applicant shall execute in favor of the city a good and sufficient surety bond in the amount of not less than $100,000.00 to be approved by the city attorney, conditioned to indemnify the city against all loss or damages to its streets or property or any damage suit resulting from the failure of such mover to abide by this article. The city clerk shall release such bond upon completion of the moving, but in no case until the damage or loss occasioned by the moving shall have been determined and caused to be paid to the city or others as their interests may appear.

(Code 1967, § 24-95)

                    
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