The applicant shall provide with his, her or its application proof of insurance. Insurance must be to the extent of $1,000,000 per person for general liability and personal injury with an aggregate per incident limit of $3,000,000, and $1,000,000 for property damage to any one person with an aggregate per incident limit of $3,000,000. Such insurance policies shall insure the city and any person suffering any personal injury or property damage as a result of the drilling or operation of the well. Such policies shall be in full force and effect prior to the issuance of a permit and shall continue in effect until the well is plugged or abandoned as hereinafter provided. Current proof of insurance coverage shall always be provided to the city. Further, the applicant, by submitting an application for a permit under this chapter, shall be considered to agree to hold the city harmless from any loss, claim, demand or cause of action, including reasonable attorney’s fees and costs of suit, and to indemnify the city for the same, in the event any claim, demand of cause of action is brought against the city as a result of any activity engaged in by the applicant or his, her or its contractors in the furtherance of the drilling, operation or abandonment of the gas or oil well in the city. The Clerk in the Building Department shall retain a file of all insurance policies. The responsible party shall be notified if a policy is not current or in effect.
(Ord. 18-98, passed 2-2-1998)