A policy of indemnity insurance in the amount of five hundred thousand dollars/one million dollars ($500,000/$1,000,000) personal liability and one million dollars ($1,000,000) property damage protecting the Village against any claims for damage to person or property resulting from or by reason of the construction of any project regulated under this Chapter will be furnished to the Village and maintained in full force and effect by the subdivider until all improvements are completed and maintained to the satisfaction of the Village Council.
(Ord. 19-20. Passed 11-4-20.)