§ 7-156. Bond required; amounts.

(a)

No privilege license nor permit shall be issued for building, plumbing, gas, mechanical or electrical work until a license bond is submitted to the city. Bonds shall be in the following amount:

Building ..... $ 10,000.00

Plumbing ..... 5,000.00

Gas ..... 5,000.00

Mechanical ..... 10,000.00

Electrical ..... 1,000.00

A person with a Tupelo plumbing or mechanical license and bond shall not be required to submit a separate gas contractor bond, however, said plumbing or mechanical bond shall be written to include gas work in addition to plumbing or mechanical work.

(b)

All bonds shall be in the name of the individual license holder, issued in favor of the city and written to expire in conjunction with the annual privilege license.

(Ord. of 9-17-91, § 1; Ord. of 8-4-92, § 1; Ord. of 12-20-94, § 1)