Sec. 12-12-2. - Worker's bond—Required—Amount—Conditions.
Any person desiring to engage in the business described in section 12-12-1 shall file with the city a bond in the amount of $5,000.00, with some surety company authorized to do business in this state, as surety, conditioned as follows:
Concrete Worker's Bond
Know all men by these presents, that we, _______, as principal, and _______, a surety company authorized to do business in the State of Tennessee, as surety, acknowledge ourselves to be held and truly bound to the City of Memphis in the sum of $5,000.00, for the payment of which sum well and truly to be made, we bind ourselves, our representatives, successors and assigns, firmly by these presents.
But the condition of the above obligation is such that:
Whereas the above bounden principal is desirous of engaging in the business of doing concrete work in or upon the streets, alleys, public places or ways in the City of Memphis for a period of one year from the date hereof; now, if the said principal shall during the term of one year faithfully observe the following regulations of the City of Memphis, to wit:
Shall observe the lines, grades and widths given by the City Engineer, shall not proceed to do any concrete work in the streets, alleys and places in the City of Memphis without specific instruction from the City Engineer, or his authorized subordinates limited to their particular duties; shall do no work until a permit shall have been obtained therefor from the City Engineer, shall cover no stop boxes, valves or meter boxes belonging to any firm, company or individual; shall surround no poles, posts or other objects rightfully occupying the sidewalks unless the same are in their regularly appointed locations adjacent to the curb or edge stone; shall mix or deposit no material loose on the surface of any pavement; shall clear away all rubbish and all forms and materials from the location of the work within 24 hours after the proper completion thereof; and shall do all work so that the same shall have the thickness, proportion, qualities, material and texture called for by the specifications for such work, which may be in force in the City of Memphis; and shall in all other respects observe the terms and regulations of the ordinances of the City of Memphis regulating the work of doing any concrete work in or upon any street, alley, public place or way in the City of Memphis and shall, within ten days after written notice by the City Engineer, remedy any defects that may appear within one year of completion of work, then this obligation shall be void; otherwise to remain in full force and effect.
Witness the hands and seals of the parties hereto, this the ___ day of ________, 20___.
(Seal)
_______
Principal
(Seal)
_______
Surety
(Code 1967, § 36-21; Code 1985, § 34-32; Ord. No. 3047, § 1(2), 8-12-1980)