Mound General License and Permit Bond
What it is & who requires it
Applicants for any Mound license or permit that the code conditions on a bond — the chapter is a general provision rather than a trade one, so the same paper serves several activities and the license tells you whether a bond is owed at all. That structure is the reason a carrier list for this city shows a single figure with no trade attached to it. Two things are worth knowing before treating that figure as the price. The amount in the ordinance is a default the city may displace: it applies unless the city determines otherwise, which is an open power rather than a floor, and it means the clerk rather than the code is the authority on what your bond must be. And the form is the City Attorney’s to approve, so a surety’s house form should be cleared before it is executed.
Obligee: City of Mound (City Clerk). Citation: Mound City Code ch. 38 (Licenses, Permits and Miscellaneous Business Regulations) — bond provision: where a bond is required for a license or permit, the bond shall be a corporate surety bond executed on a form approved by the City Attorney and shall be filed with the clerk before the license or permit is issued; unless otherwise determined by the city, a bond shall be in the default amount the chapter states, conditioned that the licensee or permittee shall comply with the applicable ordinances and laws pertaining to the licensed or permitted activity and that the licensee or permittee will indemnify the city.
Bond amount
Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
How to get it
This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
Request a bond quote
Tell us about the bond and the project. A licensed producer follows up — these bonds are individually underwritten, so they are not issued instantly.
Term & renewal
Term: Filed with the city clerk before the license or permit issues, on a form the City Attorney has approved, and conditioned on compliance with the ordinances and laws pertaining to the licensed or permitted activity and on indemnifying the city.
Renewal: Runs with the license or permit it supports; because the chapter is a general provision rather than a trade provision, the term follows whichever license the bond is filed against.
Filing
Filed with the city clerk before the license or permit issues, as a corporate surety bond on a form the City Attorney approves. No figure renders. The ordinance does state an amount, and if it stopped there this record would print it — but the words that follow hand the city an unqualified power to set a different one, and a sum the obligee may change at will for any applicant is not a penal sum that a directory can quote. This is a different situation from a statutory floor, where the number is at least a known minimum; here the code’s number is a default with nothing under it. Ask the clerk for the amount and the form together.
Source
This bond requirement is corroborated by multiple public sources; City of Mound (City Clerk) sets the exact amount, which we confirm when you start your bond.
Related Minnesota bonds
Frequently asked questions
- Who requires the Mound General License and Permit Bond?
- It’s required by City of Mound (City Clerk) (Mound City Code ch. 38 (Licenses, Permits and Miscellaneous Business Regulations) — bond provision: where a bond is required for a license or permit, the bond shall be a corporate surety bond executed on a form approved by the City Attorney and shall be filed with the clerk before the license or permit is issued; unless otherwise determined by the city, a bond shall be in the default amount the chapter states, conditioned that the licensee or permittee shall comply with the applicable ordinances and laws pertaining to the licensed or permitted activity and that the licensee or permittee will indemnify the city). Applicants for any Mound license or permit that the code conditions on a bond — the chapter is a general provision rather than a trade one, so the same paper serves several activities and the license tells you whether a bond is owed at all. That structure is the reason a carrier list for this city shows a single figure with no trade attached to it. Two things are worth knowing before treating that figure as the price. The amount in the ordinance is a default the city may displace: it applies unless the city determines otherwise, which is an open power rather than a floor, and it means the clerk rather than the code is the authority on what your bond must be. And the form is the City Attorney’s to approve, so a surety’s house form should be cleared before it is executed.
- How much is the Mound General License and Permit Bond?
- Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
- How do I get the Mound General License and Permit Bond?
- This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
- What is the term?
- Filed with the city clerk before the license or permit issues, on a form the City Attorney has approved, and conditioned on compliance with the ordinances and laws pertaining to the licensed or permitted activity and on indemnifying the city. Renewal: Runs with the license or permit it supports; because the chapter is a general provision rather than a trade provision, the term follows whichever license the bond is filed against.
- Is this bond insurance for me?
- No. It protects the obligee and the public — not you. If a valid claim is paid, you repay the surety.
- How is this requirement verified?
- This bond requirement is corroborated by multiple public sources. The obligee sets the exact amount, which we confirm automatically when you start your bond in the portal or with a producer.
