A builder or contractor may qualify us to the insurance requirements of this section by filing a certificate of general liability insurance, with a limit of no less than $500,000, with the City Clerk executed by the resident agent of such company stating that:
(a) The required policy of insurance has been issued by such company for the purpose required by this section;
(b) Such insurer will not cancel the policy except upon giving 30 days’ notice in writing to the city; and
(c) The certificate shall be filed for an annual period each year.
(Ord. 2072, passed 3-11-2021)