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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />maintain in good standing a corporate surety bond in the amount <br />of $5,000 in favor of the City, guaranteeing full performance <br />of the conditions and undertakings of this franchise and con- <br />ditioned that such "Grantee" shall well and truly observe, <br />fulfill and perform each term and condition of the franchise. <br />Said bond shall be filed by "Grantee" with the City Clerk within <br />fifteen days after this franchise is awarded. <br />SECTION 11. This franchise shall take effect upon <br />the filing with the City Clerk of a written acceptance thereof <br />by the franchisee. <br />PASSED APPROVED and ADOPTED this 3rd day of November1987 <br />ATTEST: <br />HELEN A. RAMOS, CM <br />City Clerk <br />