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The $5,000 performance bond goes in with your application to sell distilled spirits by the drink in the City of Forsyth. You pay a yearly premium instead of setting aside $5,000, and the bond is ready to hand to the City Clerk with the rest of the application.
The City of Forsyth in Monroe County, Georgia requires every applicant for a license to sell distilled spirits by the drink for on premises consumption to post a $5,000 personal performance bond under Sec. 4-255 of the city code. The bond must come from a surety company licensed in Georgia, be payable to the city, and be approved by the governing authority.
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The pouring liquor bond covers distilled spirits only. A restaurant or bar that also serves beer and wine holds separate malt beverage and wine pouring licenses under a different part of Chapter 4, and Sec. 4-48 requires a $1,000 bond with each of those applications. Also check the jurisdiction. This is the City of Forsyth, the Monroe County seat, not Forsyth County, which has its own ordinance.
Sec. 4-255 of the Forsyth Code says that before any license is granted under Article IV, the applicant must post with the governing authority, along with the application, a personal performance bond with a surety company licensed to do business in Georgia. It is conditioned on the applicant's faithful observance of, and compliance with, Article IV, is payable to the city in the amount of $5,000, and must be approved by the governing authority.
Under Sec. 4-18, City Council may forfeit all or part of any bond required by Chapter 4 when a licensee violates the chapter, with the amount based on the seriousness of the violation. No bond is forfeited without at least three working days' written notice and a hearing.
Applicants must meet the same six month Georgia residency rule as package applicants, or be a corporation authorized to do business in the state, and must show financial responsibility. The premises must be in a commercial area, more than 100 yards from a church and more than 200 yards from a school or college campus, shown by a scale drawing or surveyor's certificate. Building plans or a permit and proof of ownership or lease are also required.
Licenses run for the calendar year. Renewal means paying the fees and filing a renewal application with the City Manager before the current license expires. Sec. 4-19 lets Council change bond amounts and fees by resolution no later than January 31 each year, so confirm the current figure with the City Clerk before the bond is issued.
No. It covers the distilled spirits by the drink license. Malt beverage and wine pouring licenses each carry a $1,000 bond under Sec. 4-48.
Licenses are issued for a calendar year and renewed with the City Manager before they expire. The bond should stay in force for as long as the license is held.
Yes. Under Sec. 4-18, City Council can forfeit all or part of the bond for a violation after written notice and a hearing. The surety pays the city and seeks repayment from the licensee.
The surety prices the bond from the owners' credit and business history, and the premium is paid each year.
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