6-6-2: CONSTRUCTION CONTRACT REQUIREMENTS:
   (A)   Qualifications of Contractors: The applicant shall file with the Village a list of all contractors and subcontractors who are to participate in the construction of the improvements, their addresses, telephone numbers and names of persons in charge.
   (B)   Contractor Insurance Requirements: During the life of the construction contract, the contractor shall effect and maintain with companies satisfactory to the Village Attorney or Special Counsel, public liability and property damage insurance protecting the Village, the developer, their agents and the contractor against loss from liability for damages, on account of injury or death suffered by any person or persons by reason of the performance of the work. In addition, the policy shall provide for legal defense against any and all claims on the policy. In the event the Village cannot be covered by endorsement on the contractor's policies, separate policies covering the Village shall be provided. Minimum limits of insurance coverage shall be as follows:
      1.   Public liability including personal injury and accidental death:
         Each occurrence   $1,000,000.00
      2.   Property damage liability:
         Each accident      $ 500,000.00
         Aggregate       1,000,000.00 (Ord. 93-5, 5-24-93)