Any security in connection with the performance of any act or
agreement shall be subject to the approval of the city council and
city attorney.
(Prior code § 27-71.01; Amended
during 1990 codification)
A bond or bonds by one or more duly authorized corporate sureties
to secure the faithful performance of any agreement shall be in the
form required by the Map Act, Section 66499.1.
(Prior code § 27-71.02; Amended
during 1990 codification)
A bond or bonds by one or more duly authorized corporate sureties
for the security of laborers and materialmen shall be in the form
required by Section 66499.2 of the Map Act.
(Prior code § 27-71.03; Amended
during 1990 codification)
Security to guarantee the performance of any act or agreement
shall be in the amounts required by Section 66499.3 of the Map Act.
(Prior code § 27-71.04; Amended
during 1990 codification)
The security furnished by the subdivider shall be released in
whole or in part in the manner provided by Section 66499.7 of the
Map Act.
(Prior code § 27-71.05; Amended
during 1990 codification)