Sec. 28-5. Bond or insurance required for certain signs.
No person shall erect, structurally alter, rehang or replace
any sign which projects over the street line or which is installed
nearer to the street line than the height of the sign
unless he has filed with the building inspector a bond of fifty
thousand dollars or an approved public liability insurance
policy issued by a company authorized to do business in the
state in the face amount of fifty thousand dollars, with the
city as an insured party. Such bond shall be conditioned on
the construction, erection and maintenance of such sign in
accordance with the provisions of this chapter, shall save
harmless the city from all claims or damages by reason of the
construction, erection and maintenance of such sign or part
thereof and shall not be cancelled by the principal or surety
until after ten days' written notice to the building inspector.
(8-5-63.)
