921.05  PLANS AND SPECIFICATIONS; INSURANCE.
   Before issuance of a permit to install public sewers and water mains, the Service Director shall have engineering plans and specifications covering a proposed improvement, and the improvement shall be installed in accordance therewith and under the inspection of the Director or his or her duly authorized agents.
   The applicant shall deposit with the Director, before issuance of the permit, a completion bond in a form approved by the Law Director and evidence of a liability policy in a form approved by the Law Director of a recognized casualty company licensed to do business in Ohio, insuring and indemnifying the City from all claims, liability and damage arising from the negligence of the applicant by reason of wrongful death, property damage or personal injuries.
   The coverage of such policy shall be no less than one hundred thousand dollars ($100,000) in the case of liability claims or damages covering one person for injuries or wrongful death, three hundred thousand dollars ($300,000) in the case of an accident and fifty thousand dollars ($50,000) property damage.