(A)   No person shall move any building or structure on any street without a permit from the Director of Public Works.  The Director of Public Works may issue the permit under the conditions as he or she may reasonably prescribe to protect the streets and village and private property and to minimize public inconvenience.
   (B)   He or she may require the permitted to execute a bond or insurance contract on behalf of the village in the amount as he or she deems appropriate conditioned that the permittee will comply with the conditions of the permit and indemnify the village against any damage caused to village or private property or any person by removal of the building or structure.
(1981 Code, § 5.10)  Penalty, see § 10.99