Before a franchise granted pursuant to the ordinance from which this article is derived
is effective, and as necessary thereafter, the grantee shall provide a performance
bond, in form and substance acceptable to the city, as security for the full and complete
performance of a franchise granted under this article, including any costs, expenses,
damages or loss the city pays or incurs because of any failure attributable to the
grantee to comply with the codes, ordinances, rules, regulations or permits of the
city. This obligation is in addition to the performance bond required by section 30-68 for construction of facilities.
(Code 2006, § 12.40.62)
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