§ 16.20.180. Cash deposits and negotiable bonds.  


Latest version.
  • In lieu of any faithful performance bond required by Sections 16.20.150 and 16.20.160 of this chapter, the subdivider may deposit with the city a sum of money or negotiable bonds equal to the required amount of such bond or security for the faithful performance thereof.

(Ord. 320 § 7 (part), 1997: Ord. 126 § 1 (part), 1980: Ord. 78 (part), 1975)