1375.06   BOND REQUIREMENT.
   (a)   Before the Building Division issues a home improvement general or limited contractor's registration, or a sewer contractor's registration under the provisions of this Chapter, and prior to each renewal thereof, each holder of such a Building Division issued registration shall, in a manner prescribed by the Building Division, give a bond, which shall be maintained at all times thereafter, to the Building Division. A Building Division issued registration shall not be issued or renewed without meeting this bond requirement.
   (b)   The bond required for the holder of a Building Division issued registration shall be of not less than fifteen thousand dollars ($15,000). The bond shall have good and sufficient surety approved by the Building Division. The bond shall be on a form prescribed by the Building Division.
   (c)   The bond shall be conditioned to reimburse any person for damages resulting from any act on the part of such registrant, his agents or employees contrary to the provisions of this Building Code, including the Ohio Basic Building Code and the Building Division's adopted One, Two and Three Family Dwelling Code, any other code or ordinance of the City, or any omission on the registrant's part to perform any duties required therein.
   (d)   Payment on the bond required above shall be available only for a violation of one or more specific sections of this Building Code, including the Ohio Basic Building Code and the adopted One, Two and Three Family Dwelling Code. The bond shall also provide payment for any other violation of a code or ordinance of the City, or any omission on the registrant's part to perform any duties required therein. Any person claiming damages as described in (a) above shall make his claim for damages directly to the surety. Neither a Contractor Board of Review, nor the City, its agents or employees may claim or collect payment from a surety for, or on behalf, of any private party.
   (e)   Failure to maintain such bond in good standing shall be cause for immediate suspension by the Building Division of the Building Division issued registration.
   (f)   The individual named on the Building Division issued contractor's registration shall sign the bond submitted for a Building Division issued registration or the renewal thereof, regardless of any assignment to a business concern.
   (g)   When an individual has more than one (1) such Building Division issued contractor's registration one (1) fifteen thousand dollar ($15,000) bond will be sufficient for all such registrations with the Building Division.
(Ord. C33-02.  Passed 4-15-02.)