§ 6-55. Performance bonds.  


Latest version.
  • The council shall adopt a schedule setting forth the maximum amount of performance bonds applicable to various types or orders pursuant to IC 36-7-9-7(f), and determine the amount of the average processing expense pursuant to IC 36-7-9-12.

(Ord. No. 2009-02, § A(13), 11-12-2009)