1139.14 INSURANCE.
   The developer shall agree to indemnify and save harmless the Village against and from any and all loss, cost, damage, liability and expense on account of damage to property of, or injury to or death of, any person, caused by, growing out of, or in any way whatsoever attributable to, the construction of the improvements and the use of the street delineated on the subdivision plat during the construction. The developer shall further agree, but without limiting his or her liability, to indemnify the Village by carrying comprehensive general liability insurance contracts with a reliable insurance company, covering the period of construction, in the sum of three million dollars ($3,000,000) all-occurrence coverage, which insurance contracts shall include the Village as a named insured. The developer shall agree to maintain on file with the Village during the period of construction, certificates or memoranda of insurance evidencing that such insurance contracts are in force.
(Ord. 2362. Passed 10-9-89.)