City of Franklin Special Events Bond Guide
If you’re applying for a special event license in Franklin, TN, you’ll need this surety bond.
Bond Overview
- Purpose: To ensure compliance with city ordinances and state statutes
- Who Needs It: Event organizers applying for a city license
- Regulating Body: The City of Franklin
- Required Coverage: $1,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a City of Franklin Special Events Bond?
A Franklin, TN special events bond is a form of financial security that ensures event organizers comply with city ordinances. It indemnifies the city from any expenses, damages or liabilities caused by the special event.
The City of Franklin requires a $1,000 surety bond or a cash deposit for organizations or individuals hosting special events on public premises.
How Much Do Special Events Bonds Cost in Franklin, TN?
A $1,000 City of Franklin special events bond costs $100 for a 1-year term. Click below to buy your bond in minutes!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Special Events Bond?
The City of Franklin, Tennessee requires this bond for organizations or individuals hosting special events on public property. To receive a special event license, you can file a surety bond, cash deposit or letter of credit.
By choosing a surety bond, you can pay a small premium of $100 rather than providing the full $1,000 collateral.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your Franklin, TN special events bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file the bond with the city as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a City of Franklin Special Events Bond Work?
As with all surety bonds, a special events bond creates a legal contract between three parties:
- Principal: You, the itinerant merchant, peddler or solicitor filing the bond
- Obligee: The City of Franklin requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding Franklin Municipal Code Sec. 9-206.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
To renew your special events bond, simply pay your renewal invoice when prompted. We’ll begin contacting you by phone and email 90 days before the expiration date.
