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City code section
- A. When issuing permits under this Chapter, the City Administrator may require a construction bond, performance bonds or other form of financial guarantee as a condition of the permit.
- B. The City Administrator may require a maintenance bond or other financial guarantee as a permit condition. The maintenance bond or other financial guarantee must remain in force as long as the person or that person’s predecessor has facilities located within the public right-of-way.
- C. The acceptable forms and levels of the required financial guarantees will be established by the City Administrator, as maintained on file in the office of the Bureau of Transportation.