§ 150.100 BOND AND INSURANCE.
   (A)   No permit to move any structure shall be issued until the registered mover shall have deposited a bond in the sum of $25,000, which bond shall be signed by the applicant and two or more good and sufficient sureties or by the applicant and a surety company authorized to make surety bonds in this state. Such bond shall be conditioned so as to indemnify any and all persons and the city for any damage or loss to property or person or reasonable and necessary expenses caused to or incurred by any person as a result of the moving of any house or other building. In the event the applicant is in the house-moving business and contemplates moving more than one house or other building in the period of one year, he or she may make a blanket bond in the sum of $25,000, conditioned as stated above, but covering all buildings and houses for which he or she may obtain such permits during the year, and such bond shall be in force for a period of one year and it shall apply to any and all houses or other buildings that may be moved by the applicant during such year. All such bonds shall be submitted to the Building Official for approval and filing with the City Secretary.
('68 Code, § 6-50)
   (B)   No permit to move any house or other building shall be issued until the owner therefore shall have deposited a bond in the sum of $15,000, which bond shall be signed by the owner and two or more good and sufficient sureties or by the applicant and a surety company authorized to make surety bonds in this state. Such bond shall be conditioned so as to indemnify any and all persons and the city for any damage or loss to property or person or reasonable and necessary expenses caused to or incurred by any person as a result of the removal or reconstruction of any structure. If the structure has not been removed or reconstructed, whichever the case may be, within one year of the issuance of the moving permit, the owner shall be deemed to be in default and the funds shall be used to complete the removal of the structure.
   (C)   Prior to issuing any permit for moving of a building by the Building Official, the authority responsible for moving the building shall have on file, in the City Secretary’s office, a certificate showing that the authority has obtained and is maintaining liability insurance in the amount of not less than:
 
1 .
Property damage, per accident
$100,000
2 .
Personal injury or death, per person
$100,000
3 .
Personal injury or death, per accident
$300,000
 
(Ord. 01-2005-12, passed 1-25-05; Am. Ord. 10-2017-65, passed 10-10- 17) Penalty, see § 150.999