Every owner, lessee or operator of any vending stand located within the downtown development
district shall furnish a good and solvent surety bond, in solido, in favor of the
downtown development district, satisfactory to the executive director of the downtown
development district in the amount of $50.00 for each vending stand, to guarantee
the faithful performance of all the obligations of the owner, lessee or operator,
set forth in this part or promulgated by the downtown development district which bond
shall be subject to forfeiture upon a finding of failure to adhere to the uniform
standards promulgated by the downtown development district.
(Ord. No. 20,766, § 1, 6-20-02)
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