A. Every applicant plying his trade as an individual, shall file with the City Clerk a surety bond or a cashier's check in the amount of one thousand dollars ($1,000.00) running to the City.
B. Every business firm, company or corporation, which has two (2) or more employees or agents acting in the capacity of vendor, solicitor, canvasser or temporary merchant, shall file with the City Clerk a surety bond covering all such employees or agents and running to the City, or a cashier's check in the amount of one thousand dollars ($1,000.00) per employee to a maximum of five thousand dollars ($5,000.00). The surety bond must be one issued by an agent upon which service of process may be made in the State of Idaho.
C. Action on the surety bond or cashier's check may be brought directly by any person damaged by a licensee's violation of any provision of this chapter.
D. After expiration of a license, the City Clerk shall, upon application of the licensee, return the bond or cashier's check sixty (60) days after receipt of application for return, unless the Clerk has been notified of the pendency of any claim or cause of action by any person upon the bond or cashier's check.
E. After being licensed for two (2) consecutive years, without claims against the surety bond, the above bonding requirements will be waived, if the applicant requests the waiver in writing.
F. Every organizer applying for a special event shall provide proof of an insurance policy, issued by an insurance company licensed to do business in Idaho, protecting the applicant and/or any employees and/or agents thereof from all claims for damages to property and bodily injury, including death, which may arise from operations under or in connection with the special event. Such insurance shall name the City as additional insured, and shall provide that the policy shall not terminate or be canceled prior to the expiration date without thirty (30) days' advance written notice to the City. Such insurance shall afford minimum limits of five hundred thousand dollars ($500,000.00) per person bodily injury, five hundred thousand dollars ($500,000.00) per occurrence bodily injury, and five hundred thousand dollars ($500,000.00) per occurrence property damage. (Ord. 791, 4-24-2018, eff. 6-1-2018)