§ 9.154.040. Improvement agreements; bond requirements.

Latest version.

The agreement referred to in Chapter 151 of this title shall be accompanied by both a faithful performance bond guaranteeing the faithful performance of all work and a labor and material bond guaranteeing payment to the contractors, subcontractors and persons furnishing labor, materials, or equipment for the improvement or performance of the required act. The bonds shall be in substantially the same form as set forth in Government Code §§ 66499.2 and 66499.3. The bond shall not include monumentation work.

(Ord. No. 297, § 9.07.090.050, 3-20-2007)

                    
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