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8017 Surety Bond RequirementsJ ORDINANCE NUMBER 8017 (Published in The Salina Journal - 1 -1 1969) AN ORDINANCE REQUIRING THAT ALL BONDS REQUIRED BY STATUTE OR THE SALINA CODE BE EXECUTED BY A SURETY COMPANY AUTHORIZED TO DO BUSINESS IN THE STATE OF KANSAS: AMENDING SECTION 2-7 OF THE SALINA CODE AND REPEALING SAID ORIGINAL SECTION. BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF SALINA, KANSAS: Section! 1. That Section 2-7 of The Salina Code is hereby amended to read as follows!: "Sec. 2-7. Bonds of Contractors, licensees, etc. - Surety. I All bonds for the use, benefit or protection of the City required to be taken by the Statutes of the State and by the ordinances of the City or by Resolution of the Board of Commissioners from any person to secure the faithful performance of any contract with the City, or to indemnify the City against loss, damage or liability growing out of any contract with the City, or out of the issuance of any license or permit by the City where a bond is required, shall be signed and executed as surety by some surety company admitted to do business in the State of Kansas." Section 2. That Section 2-7 of The Salina Code is hereby repealed. Section 3. This ordinance shall be in full force and effect from and after its adoption and publication in the official city paper. Introduced: April 7, 1969 Passed: April 14, 1969 (SEAL) Mayor Attest: City Clerk