Have a question?
+1 815-826-6324 (815-8-BondAI)
phil@AmericasSuretyBonds.com
Army Veteran Owned | Expert Surety Bonds Since 2004
Oneonta will not approve an alcoholic beverage license until this bond is in the city's hands. The bond is $10,000 for each location you operate, so a second store means a second $10,000 of coverage. You pay a premium for the bond instead of tying up cash with the city, and it stays in force for as long as you hold the license.
Under Sec. 14-20 of the Oneonta Code of Ordinances, anyone subject to the city's alcoholic beverage license fee, privilege tax or excise tax must deliver a bond to the City of Oneonta guaranteeing prompt payment of those amounts. The bond is $10,000 for each business location where the taxed activity takes place, and the City Council will not consent to the license without it.
We can help with all Alabama bonds!
The figure most applicants get wrong is the multiplier. Oneonta Code Sec. 14-20 sets the bond at $10,000 for each location of the business that is engaging in activity taxed or licensed under the city's alcoholic beverage article. One location means $10,000. Three locations means $30,000 of total coverage.
The bond runs to the City of Oneonta and is conditioned on the licensee promptly paying the city every license fee, privilege tax and excise tax required by Chapter 14, including amounts that come due after the bond date. If a licensee falls behind on those payments, the city can make a claim against the bond, and the licensee must repay the surety for anything it pays out.
Oneonta alcohol licenses require consent and approval from the City Council, and the code states that consent will not be granted until the bond has been delivered to the city's designated representative. Sec. 14-28, the license fee section, also directs the applicant to post the bond required by Sec. 14-20.
The bond must stay in place continuously for as long as the licensee is subject to these taxes. A surety may cancel by giving 30 days written notice by certified mail to the City Manager or the designated representative, but it remains liable for anything that happened before the cancellation date. A cancelled bond needs a replacement before that date to protect the license.
Confirm the current bond form and delivery steps with the City of Oneonta before the bond is issued.
No. Sec. 14-20 sets the bond at $10,000 for each location where the licensed or taxed activity happens. Two stores need $20,000 of total coverage.
No. The code says the City Council will not grant consent and approval for the alcohol license until the bond has been delivered to the city's designated representative.
The surety must give 30 days written notice by certified mail to the City Manager or the designated representative. It stays liable for events before the cancellation date, but you need a replacement bond in place by then to stay in compliance.
The surety prices the bond from the total bond amount and an underwriting review of the owners, mainly personal credit. You see the actual quote when you apply.
This website is a referral and marketing platform that connects users with licensed insurance agents. We do not issue surety bonds directly except in states where we are licensed. All bond applications are processed and fulfilled by licensed agents. By using this site, you agree to our Terms & Conditions, Privacy Policy, and the use of cookies. If you do not agree, please exit the site.
All Alabama Alcohol bonds · All City of Oneonta, AL bonds · All Alabama surety bonds