§ 22-16. Bond required of applicant.

Each applicant for a permit under this article shall file with the application a bond in the sum of not less than $10,000.00, issued by a corporate surety authorized to do business in this state, which bond shall be payable to the mayor and the mayor's successors in office for the use and benefit of any person entitled thereto, and conditioned that the principal and surety will pay all damages to persons caused by, or arising from or growing out of the wrongful, fraudulent or illegal conduct of the street vendor while conducting the sale or exhibit in the city. The bond shall remain in full force and effect for the entire duration of the permit and for two years thereafter. Each permit holder is required to clean up the property on which the permit holder operates a street vendor business at the end of each permit period; failure to do so will result in the city making a claim on the bond required by this section and may result in the refusal by the city to issue future permits to that permit holder.

(Ord. No. 09-953, § 2(Exh. A), 10-7-09, eff. 1-1-2010)