§ 95.03 APPLICATION AND CASH DEPOSIT; LIABILITY INSURANCE; PERMIT HOLDER TO ABIDE BY ALL LAWS.
   (A)   Each permit for making a street or sidewalk opening shall be confined to a single project and shall be issued by the Mayor or other proper administrative officer designated by Council. Application shall be on a form prescribed by Council, giving the exact location of the proposed opening, the kind of paving, the area and depth to be excavated and such other facts as may be provided for. The applicant shall pay to the village a permit fee of $250 and the applicant shall post either $500 cash or a surety bond in the amount of $2,000 to cover the cost and supervision of backfilling, repairing, restoring and relaying the pavement to its former condition. The amount of the deposit or surety bond may be increased when the nature, size and location of the proposed opening warrants such increase, which shall be determined by the Streets/Sidewalk Committee.
   (B)   Before any permit is issued, the applicant shall also deposit with the village an insurance policy, issued by a company authorized to write insurance in the state of Ohio, designating the village as a named insured therein, by the terms of which the village is saved harmless from any and all claims for bodily injury within the limits of $500,000 for each person and $1,000,000 for each incident and for property damage claims in the amount of $50,000 for each incident or growing out of the street opening or removal of the surface of any sidewalk or opening in any sidewalk, or the prosecution of the work for which the permit is obtained, or in any manner arising or growing out of the work necessary or incident to the issuance of the permit or that may be occasioned by reason of any opening or anything else done pursuant to the permit issued under this chapter.
   (C)   A condition of the issuance of any street or sidewalk opening permit shall be that the applicant agrees to abide by all the provisions of any village ordinance, state or federal law, and agrees, in the event of default, to reimburse the village for any additional costs incurred by the village beyond the deposit required for such opening in restoring the pavement to its former condition.
('81 Code § 95.03) (Am. Ord. 548, passed 2-14-91; Am. Ord. 1997-0-15, passed 5-8-97)