(a) A performance bond in the minimum amount of ten thousand dollars ($10,000) shall accompany an application for a permit to do any of the work specified in Section 901.02.
(b) The Street Commissioner shall have authority to waive or reduce such bond where he finds that a landowner is performing the work directly, and the work is within a scope that reasonably eliminated risk to the Village's infrastructure.
(c) The Street Commissioner shall have the authority to require a bond in excess of the ten thousand dollars ($10,000) minimum as set forth above if he or she, in his or her judgment, determines that such increased amount is necessary to protect and save harmless the Village from all claims for damages or injury to other persons by reason of the alteration work or to insure that any damage done to Village streets or property can be repaired.
(d) Prior to construction, a permit applicant shall also submit the following to the Street Commissioner:
(1) Copy of current Workers' Compensation Certificate; and,
(2) Copy of current liability insurance certificate.
(Ord. 30-2012. Passed 12-12-12.)