(a) Every applicant for registration shall, upon approval of the application therefor, furnish and file with the Building Inspector a bond in the penal sum of twenty-five thousand dollars ($25,000), to be approved as to form by the Director of Law, guaranteeing full and faithful compliance by the applicant with the Codified Ordinances of the Village of Bentleyville and with pertinent rules and regulations of the Building and Housing Code and binding the surety thereon to correct or abate any violation of the Codified Ordinances of the Village of Bentleyville, whenever the applicant for registration named as the principal on such bond refuses, neglects or fails to correct or abate such violation within in a reasonable time limit set by the Building Inspector.
(b) Further, any approved applicant for registration shall indemnify and save harmless the property owner and/or lessee, tenant or other person contracting for work and materials, guaranteeing that all workmanship and materials are in conformity with this Ohio Building Code, the Codified Ordinances of the Village of Bentleyville and the said property owner, lessee, tenant or other person contracting for the aforesaid services, from all loss and damage that may be occasioned in any way by accident, negligence or want of care, skill or attention by the principal or the agents of the principal in performing such work.
(Ord. 2014-44. Passed 10-15-14.)