1020.03 PERMITS; FEES; INSURANCE.
   Permits that are authorized in this chapter shall be obtained upon application to the City Manager upon such forms as he or she prescribes, and there shall be a charge for each such permit as provided by resolution of Council. Such permits are revocable by the Manager for failure to comply with any of the provisions of this chapter, rules and regulations adopted pursuant hereto and the lawful orders of the Manager and shall be valid only for the period of time endorsed thereon. Application for a permit under this chapter shall be deemed an agreement by the applicant to promptly complete the work permitted, observe all pertinent laws and regulations of the City in connection therewith, repair all damage done to the street surface and installations on, over or within such street, including trees, and protect and save harmless the City from all damages or actions at law that may arise or may be brought on account of injury to persons or property resulting from the work done under the permit or in connection therewith. Liability insurance policies that are required to be filed in making application for a permit shall be as provided by resolution of Council.
   Where, in the opinion of the Manager, a greater risk is involved, higher limits of coverage may be required up to the maximum limits above specified.
   A duplicate copy of the original insurance policy, approved as to form by the City Attorney, shall be filed with the City Clerk. Where cash deposits are required with the application for any permit hereunder, such deposit shall be in an amount prescribed by Council, except as otherwise specified in this chapter. Such deposit shall be used to defray all expenses to the City arising out of the granting of the permit and work done under the permit or in connection therewith. Six months after the completion of the work done under the permit, any balance of such cash deposit which is unexpended shall be refunded. In any case where the deposit does not cover all expenses of the City, the deficit shall be paid by the applicant.