§ 30-119. Installations to become property of city; performance bond required.
Latest version.
(a)
Any such installation, when made, shall become the property of the city, free and
clear of all encumbrances, and any contract entered between the developer and a contractor
shall provide for a performance bond, such as the city uses in its standard specifications,
which shall be a part of said installation contract. The city shall be named as one
of the beneficiaries in such bond.
(b)
In the event the developer makes the installation himself, then he shall execute a
performance bond in favor of the city in the same form and conditioned in the same
manner as provided for in the standard contract documents used by the city in making
of water installations.
