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4-36-030  License classifications.
   General contractor licenses shall be divided into the classifications which follow. The holders of such licenses shall be entitled to engage in the business of general contractor within the city subject to the following limitations:
   Class A license: The holder of a Class A license is subject to no limitation as to the value of any single contract project.
   Class B license: The holder of a Class B license is not entitled to engage in the construction of any single contract project of a value in excess of $10,000,000.00.
   Class C license: The holder of a Class C license is not entitled to engage in the construction of any single contract project of a value in excess of $5,000,000.00.
   Class D license: The holder of a Class D license is not entitled to engage in the construction of any single contract project of a value in excess of $2,000,000.00.
   Class E license: The holder of a Class E license is not entitled to engage in the construction of any single contract project of a value in excess of $500,000.00.
(Added Coun. J. 10-1-03, p. 9163, § 2.1; Amend Coun. J. 9-14-05, p. 55252, § 1)
Editor's note – Coun. J. 9-14-05, p. 55252, § 4, provides: “This ordinance shall be in force and effect upon its passage and approval. Provided, however, that with respect to any affected insurance policy in effect as the time of passage of this ordinance, the requirements imposed by Code Sections 4-36-030 and 4-36-090, as amended by this ordinance, must be complied with in conjunction with the renewal of any such insurance policy, or by January 1, 2007, whichever comes first.”