Each application for a license shall be accompanied by a bond running to the city in the penal sum of not less than the amount of one year’s revenue to be realized by the licensee from the city residents in such form as may be approved by the City Attorney, which bond shall be signed by an approved surety duly authorized to do business in Michigan, and which bond shall be conditioned on the due observance during the time of the license of all the laws of the state, the ordinances of the city and the approved rules and regulations of the city pertaining to the collection, removal and transportation of solid waste and all legal rights of all persons who are served by or injured by the licensee. Any persons aggrieved by the action of any private collector licensee shall have a right of action on the bond for the recovery of the damages. Such bond shall remain in full force and effect for a period of 90 days after the expiration or cancellation of any such license. Each licensee shall maintain for each vehicle, the security required by law, and additional security sufficient to pay $1,000,000 for one person injured in an accident, and $1,000,000 for all other persons injured in an accident, and shall deposit, prior to the issuance of the license, certificates of insurance with the City Clerk indicating such coverage. The solid waste hauler licensee shall obtain and keep in full force and effect insurance to protect the public against risk of loss from liability, including damage to property and injury to person, in a sum of not less than $1,000,000 per occurrence caused by the actions or operations of the licensee, its officers, employees and agents. Further, the city may require of private and city contractors other bonds of insurance including worker’s compensation insurance to insure the city that the obligations of the contractors will be sufficiently performed and discharged, and the safety of the city will be protected in the event that they are not.
(Ord. 702, passed 7-1-91)