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In lieu of the deposit required by this chapter, a surety bond in the amount as set forth in the public works master fee schedule, as adopted by resolution of the City Council, may be filed with the Public Works Department, conditioned as a guaranty to the City that all costs for which any person, firm or corporation shall be liable, as in this section provided, will be paid upon demand therefor by the Director of Public Works. Any such bond may be conditioned as a continuing bond and not be limited to any particular location in the City. Said bond shall be approved as to form by the City Attorney. (Ord. 5936-NS § 1, 1989: Ord. 5355-NS § 1 (part), 1981: Ord. 4111-NS § 10, 1965)