§ 22.11. [Bond].
Before a permit can be issued, a Registered Electrical Contractor shall file with the Director of Finance or his designee a surety bond payable to the City, in the amount of five thousand dollars ($5,000.00). Such bond shall be executed by the master electrician as principal and by a surety company licensed to do business in the state as surety and shall be conditioned as follows: That the principal therein shall protect the City and the owner of the premises upon which the principal does any work, against all loss or damage occasioned by the negligence of the principal in failing to promptly perform and protect all work done by him, or his employees, or under his direction or supervision; and from all loss or damage occasioned by or arising in any manner from any such work done by the principal or his employees, or under his direction or supervision, which is not caused by negligence of the City, its agents or employees; and that the principal therein shall keep and observe all ordinances at any time in force in the City relating in any way to electrical wiring and installations. The bond shall also be for the benefit of all persons injured or aggrieved by any violation of or neglect to observe this Chapter or the rules and regulations established under the authority thereof. Such bond shall be renewed at the end of each license year, as a condition precedent to obtaining a renewal of a certificate of competency.
(Ord. of 12-6-1971, § 1; Ord. of 7-22-1974, § 1; Ord. No. 2015-55, § 1, 11-16-2015, Doc. #1511161208)