(A) Bond required.
(1) No person, sole proprietor, partnership, corporation, or limited liability company not already under bond to the town shall contract to perform any of the trades listed in division (B) below in or upon any building in the town unless they shall first give bond to the Town Council, with one or more sureties, in the penal sum of $10,000 (each trade), or another amount as set by the Town Council from time to time, conditioned that they will in good faith perform all things required of them under the provisions of the various ordinances and building codes then in effect, and conditioned further that they will pay all damages and save the town harmless on account of negligence, want of skill, or failure to comply with the various building codes and town ordinances in effect in said town. Such bond must be submitted to and approved by the Town Council.
(2) No person, sole proprietor, partnership, corporation, or limited liability company not already under bond to the town shall do business as a general contractor in the town, unless they shall first give sureties, in the penal sum of $15,000, or another amount as set by the Town Council from time to time, conditioned that they will in good faith perform all things required of them under the provisions of the various ordinances and building codes then in effect, and conditioned further that they will pay all damages and save the town harmless on account of negligence, want of skill, or failure to comply with the various building codes and town ordinances then in effect in said town. Such bond must be submitted to and approved by the Town Council.
(B) Trades requiring bonding of contractors and subcontractors. The following trades shall supply a compliance bond as described in division (A) above:
(1) Brick and block mason;
(2) Building demolition;
(3) Building movers;
(4) Carpentry;
(5) Concrete;
(6) Drywall, lathing, plastering;
(7) Electrical;
(8) Fire protection equipment installation;
(9) Glazing;
(10) Heating and air conditioning;
(11) Insulation;
(12) Plumbing;
(13) Painting;
(14) Roofing;
(15) Siding;
(16) Sign installation;
(17) Structural iron;
(18) Swimming pool installation; and
(19) Any other construction trade.
(C) Permits. No permit to perform the trades listed in division (B) above shall be issued unless a compliance bond is on file with the Town Council.
(D) Use of bond.
(1) Should the town be required to expend its funds in enforcing its ordinances pertaining to a permit against any contractor or subcontractor whose compliance bond it holds, the town may seek reimbursement against that bond for its cost of enforcement.
(2) Should the town be required to expend its funds to repair damages cause by noncompliance with its ordinances pertaining to a permit against any contractor or subcontractor whose compliance bond it holds, the town may seek reimbursement against the bond.
(E) Reinstatement and termination.
(1) Compliance bonds shall be maintained in the full amount required by this section. If the bond, or a portion of it, is used to reimburse the town for costs of enforcement or compliance, the contractor or subcontractor must replenish the bond in the full amount and maintain it on an annual basis.
(2) No bond shall be terminated without written notice to the town 30 days before the termination date.
(Ord. 343-97, passed 8-4-1997) Penalty, see § 10.99