§ 13.08.120. Bond—Required when.

The director, before issuing a permit, may require the applicant to furnish a bond, either cash or corporate surety at the option of the applicant, in a form satisfactory to and approved by the district attorney in the sum of one hundred percent of the estimated cost of the total work including a ten percent contingency conditioned on the faithful performance of the work within the time specified or within any extension thereof granted by the director. The bond shall obligate the principal, his executors, administrators, successors and assigns jointly and severally and the surety, to the county for the faithful performance of the work required.

The director may additionally require the applicant to furnish a corporate surety bond in a form satisfactory to and approved by the county counsel in an amount sufficient to insure the performance of the obligations set forth in section 13.08.160 of this chapter to defend, indemnify, and hold the county harmless as provided therein.

(Ord. 73-438 § 12(A), 1973.)

(Ord. No. 09-03, § 2, 9-15-2009)