Sec. 56-68. - Bond prerequisite to issuance.
The licensee or applicant under this subdivision shall furnish a good and sufficient bond in the amount of one thousand dollars ($1,000.00) with a surety to be approved by the manager of licensing and consumer protection in substantially the following form:
KNOW ALL MEN BY THESE PRESENTS: That ___ (principal) ___ of ___ (address) ___ in the City and County of Denver, State of Colorado and ___ (surety) ___ a ___ (company or corporation) _____, organized and existing under and by virtue of the laws of the State of ___________, and duly qualified under the laws of the State of Colorado as a surety company, are well and firmly bound unto the City and County of Denver, a Municipal Corporation in the State of Colorado, in the penal sum of one thousand dollars ($1,000.00), lawful money of the United States, for the payment of which, well and truly to be made, we and each of us bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH THAT:
WHEREAS, the said principal has been duly licensed as a sewer layer for the year _____, in accordance with the provisions of the article on Private Sewers and Building Sewers of the Municipal Code of the City and County of Denver, entitled to open, uncover or lay private sewers or building sewers:
NOW, THEREFORE,
(a) If the said principal shall faithfully comply with all the terms of the provisions and requirements of the article on Private Sewers and Building Sewers with respect to the laying, and maintenance of all types of private sewers and building sewers, and shall pay all fees lawfully assessed thereunder; and
(b) If the said principal shall indemnify, save and keep the city and county and its officials and employees harmless from any claims, damages, liabilities, losses, actions, suits or judgments which may be presented, sustained, brought or obtained against the said City and County of Denver or any of its officials or employees because of the opening up or laying of any private sewer or building sewer or maintenance of same, or by reason of any accidents caused by or resulting therefrom;
(c) If the said principal shall faithfully satisfy all judgments based on tort liability which are obtained by reason of the negligence in the opening, covering or laying of any private sewer or building sewer for which said principal is responsible;
Then this obligation shall be void; otherwise it shall be in full force and effect.
Provided, further, that this obligation shall be in full force and effect unless and until the surety herein shall exercise the option to cancel the same by filing at any time with the manager of licensing and consumer protection, the clerk and the manager of transportation and infrastructure of the City and County of Denver a ninety (90) day notice of its desire to be relieved of liability. However, such cancellation shall not discharge the surety from any liability already accrued under this obligation or any liability which shall accrue before the expiration of the ninety (90) day period.
(Code 1950, § 338.5; Ord. No. 39-20, § 233, 2-3-20; Ord. No. 1003-25, § 33, 7-28-25)
