§ 17-38. Guarantee of Performance.

Effective on Tuesday, February 20, 2018

The Contractor hereby deposits with the City a performance bond in the amount of $500,00 as a guarantee to the City of faithful performance under the terms of this agreement. This performance bond shall be written by a company with a Class 9A or higher financial rating as shown in Best’s Key Rating Guide.

(Ord. No. 2018-02, § 1, 02-20-2018)

                    
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