1107.09 INDEMNITY INSURANCE.

   The applicant shall furnish indemnity insurance as is deemed necessary by the City. Such insurance shall indemnify, save harmless and defend the City from any and all liability arising by reason of the unimproved or partially improved condition of the roads and other improvements of the subdivision as such may arise or grow out of construction or installation of such facilities. The insurance shall be of duration determined by the City and in no case be allowed to expire earlier than the effective period of any maintenance bond. Expiration shall be grounds for the issuance of a stop work order. A copy of the insurance policy shall remain at all times with the Clerk.
(Ord. 2004-013. Passed 3-22-04.)