§ 31-75. Surety bond in lieu of injunction suit.

Latest version.

The finance director shall not refer a delinquent account to the city attorney for the purpose of enjoining the hotel operators from doing business in San Antonio if the owner, manager, operator, or other persons in control provides an acceptable surety bond in an amount equal to the city hotel occupancy tax collected by the subject hotel in the six (6) best net revenue months of the twelve (12) full calendar months immediately prior to the acquisition of the bond, said bond to ensure payment for a one-year period, and be updated and approved by the finance director annually if said hotel operators desire to continue such protection from business-closing during a period of delinquency.

(Ord. No. 67104, 5-12-88)

                    
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