(a) Service Provider Insurance. As a condition of obtaining consent to use the right-of-way, if applicable, and/or to obtain or renew a Certificate of Registration, a service provider must secure and maintain, at a minimum, the following liability insurance policies insuring the service provider, and naming the Village, its elected and appointed officers, officials, agents, employees and representatives as additional insureds:
(1) Comprehensive general liability insurance with limits not less than
A. Five million dollars ($5,000,000) for bodily injury or death to each Person;
B. Five million dollars ($5,000,000) for property damage resulting from any one accident; and
C. Five million dollars ($5,000,000) for all other types of liability.
(2) Automobile liability for owned, non-owned and hired vehicles with a limit of three million dollars ($3,000,000) for each person and three million dollars ($3,000,000) for each accident.
(3) Worker's compensation within statutory limits and employer's liability insurance with limits of not less than one million dollars ($1,000,000).
(4) Comprehensive form premises-operations, explosions and collapse hazard, underground hazard and products completed hazard with limits of not less than three million dollars ($3,000,000).
(5) The liability insurance policies required by this section shall be maintained by the service provider throughout the period of time during which the service provider has facilities in the right-of-way, or is engaged in the removal of its facilities. Each such insurance policy shall contain the following endorsement:
"It is hereby understood and agreed that this policy may not be cancelled nor the intention not to renew be stated until sixty (60) days after receipt by the Village, by registered mail, of a written notice addressed to the Village Administrator of such intent to cancel or not to renew."
(6) Within sixty days after receipt by the Village of said notice, and in no event later than thirty days prior to said cancellation, the service provider shall obtain and furnish to the Village replacement insurance policies meeting the requirements of this section.
(7) Upon written application to, and written approval by, the Village Administrator, a service provider may be self-insured to provide all of the same coverages as listed in this Section; except that all coverages for Workers' Compensation shall be in compliance with State law. No approval for self-insurance shall be given until the Village Administrator has made a review of the service provider's financial ability to provide such self-insurance. As part of the review process, the Village Administrator may require, and the self-insurance applicant shall provide, financial documents sufficient to make a valid determination of the applicant's ability to meet the requirements of this chapter.
(b) General Indemnification. Each application for consent to use the right-of-way, if applicable, and each initial and annual registration, shall include, to the extent permitted by law, the service provider's express undertaking to defend, indemnify and hold the Village and its elected and appointed officers, officials, employees, agents, representatives and subcontractors harmless from and against any and all damages, losses and expenses, including reasonable attorney's fees and costs of suit or defense, arising out of, resulting from or alleged to arise out of or result from the negligent, careless or wrongful acts, omissions, failures to act or misconduct of the service provider or its affiliates, officers, employees, agents, contractors or subcontractors relating to the service provider's use of the right-of-way, whether such acts or omissions are authorized, allowed or prohibited by this chapter.
(c) Performance Bond. As a condition of obtaining consent to use the right-of-way, if applicable, and/or to obtain or renew a Certificate of Registration, and to ensure the full and complete compliance with, and performance under this chapter, including any costs, expenses, damages or loss the Village pays or incurs because of any failure attributable to the service provider to comply with the codes, ordinances, rules, regulations or permits of the Village, each service provider shall, in the amount of fifty thousand dollars ($50,000) or such lesser amount as the Village Administrator may determine to be necessary (i) provide an unconditional letter of credit, or other instrument acceptable to the Village, or (ii) furnish and file with the Village a performance bond running to the Village in the required amount from a company licensed to do business in the State of Ohio; which performance bond or letter of credit or other instrument shall be maintained at the sole expense of the service provider so long as any of the service provider's facilities are located within the Village's right-of-way.
(1) Before claims are made against the performance bond or letter of credit or other instrument, the Village shall give written notice to the service provider:
A. Describing the act, default or failure to be remedied, or the damages, cost or expenses which the Village has incurred by reason of the service provider's act or default;
B. Providing a reasonable opportunity for the Service Provider to remedy the existing or ongoing default or failure, if applicable;
C. Providing a reasonable opportunity for the service provider to pay any monies due before the Village makes a claim against the performance bond or letter of credit or other instrument;
D. That the service provider will be given an opportunity to review the act, default or failure described in the notice with the Village.
(2) A service provider shall maintain the full value of the performance bond or letter of credit or other instrument regardless of claims against the performance bond or letter of credit or other instrument made by, or paid to, the Village.
(3) Any draw upon the performance bond or letter of credit to recover the Village's costs related to a service provider's use of the right-of-way shall be considered public way fees as that term is defined in Chapter 4939 of the Ohio Revised Code and shall be assessed by the Village in accordance with Chapter 4939 and any other applicable law.
(Ord. 862. Passed 4-20-09.)