Fulton Standing bond ordinance (§ 98-62)

Any person having occasion to make frequent excavations may, and any person making excavations exceeding in length the width of the street, avenue, boulevard, road, alley, highway, sidewalk or public easement in or under which such excavations are made shall, in lieu of the deposit required by sections 98-59 and 98-60, keep a standing bond, in the sum of $10,000.00 on file with the city clerk, to be approved by the mayor, conditioned to restore such streets, avenues, boulevards, roads, alleys, highways, sidewalks and public easements, as required in sections 98-59 through 98-61.