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SECTION 11.13 BOND REQUIRED

The Director of Public Works shall require a performance bond or deposit of money in such amount as he determines to be sufficient to cover the cost of all improvements specified in Section 11.11. Such bond shall be approved as to form and manner of execution by the City Solicitor, and shall be contingent on the completion of such improvements within one year of the date of the bond. Such bond or deposit shall be filed and approved before and as a condition of beginning construction of the improvement.