Before any permit for moving a structure or building across a sidewalk, street, highway or public place in the City is issued, the applicant or his or her agent shall furnish an insurance policy, in an amount of one hundred thousand dollars ($100,000) for injury or death to one person, three hundred thousand dollars ($300,000) for injury or death to more than one person and one hundred thousand dollars ($100,000) property damage. The insurance policy shall provide that the City be named as insured and, further, that the applicant and his or her insurer shall hold the City harmless against any liability, judgment, damage, cost and expense which may in any way accrue or arise against the City in consequence of the granting of such a permit or the performance of any work pursuant thereto.
In addition, the applicant shall post a cash bond of five hundred dollars ($500.00) with the Clerk of Council from which the City may pay expenses of necessary removal and replacement of wires and traffic signals, police supervision, debris removal and elimination of nuisances at the original building site. Upon payment of expenses, any balance remaining shall be returned to the applicant.
(Ord. 299-66. Passed 10-12-66.)