16.28.070 Demolition permit bond.
The posting of a cash, surety, or performance bond may be required as a condition of issuance of a demolition permit. Said cash, surety, or performance bond shall be posted with the City Clerk by the applicant, and the City, as obliged, in an amount to be determined by the City Manager, but shall not be less than five hundred dollars. Said bond shall be conditioned so as to require that:
A. The principal strictly comply with all requirements of this Section and any ordinance hereafter in effect regulating the demolition of buildings or structures in the City;
B. The principal pay for any and all damages to any fence, tree, pavement, street, sidewalk, sign or any other property belonging to the City resulting from demolition; and
C. The principal indemnify and hold harmless the City against any and all damages, judgments, cost and expense which may in any way accrue against the City as a consequence of the granting of any permit hereunder. (Ord. 86-8 § 2, 1986.)