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Ordinance No. 5,026Published In: THE BAYTOWN SUN Tuesday, June 14, 1988 80609 -1 Wednesday, June 15, 1988 ORDINANCE NO. 5026 AN ORDINANCE OF THE CITY COUNCIL, CITY OF BAYTOWN, TEXAS, REPEALING SECTION 20 -43, "BOND REQUIREMENTS," AND SECTION 20 -44, "RELEASE FROM BOND," OF THE CODE OF ORDINANCES OF THE CITY OF BAYTOWN, TEXAS; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ® WHEREAS, the bond requirements of Chapter 20 of the Code of Ordinances concerning oil and gas drilling duplicate the protection given by the insurance requirements contained in said ordinance; and WHEREAS, repealing the bond requirements of Chapter 20 will not expose the City of Baytown to any significant additional liability that would not be covered by the insurance requirements; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That Section 20 -43, "Bond requirements," and Section 20 -44, "Release from bond," of the Code of Ordinances of the City of Baytown, Texas, are hereby repealed. Section 2: This ordinance shall take effect immediately ® from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown, this the 9th day of June, 1988. METT 0. HUTTO, Mayor ATTEST: EILEEN P. HALL, City Clerk RANDALL B. STRONG, C>ty Attorney C:1:7:12 El Ell - II