No person shall begin work on improvements until insurance holding the Village harmless from any and all claims for liability whatsoever has been furnished by the developer. The amount of this insurance shall be fixed by Council and shall not be less than one million dollars ($1,000,000) for personal injury to any individual and not less than three million dollars ($3,000,000) for any group of more than one person and shall cover property damage in the amount of five hundred thousand dollars ($500,000).
(Ord. 2011-11. Passed 5-8-11.)