§ 1460.05  INSURANCE REQUIRED.
   (a)   The applying contractor shall furnish evidence of commercial liability insurance for bodily injury in the minimum amount of one hundred thousand dollars ($100,000.00) per person, three hundred thousand dollars ($300,000.00) per occurrence and, for property damage, in the minimum amount of one hundred thousand dollars ($100,000.00), or a combined single limit of liability in the amount of three hundred thousand dollars ($300,000.00).
   (b)   The applying contractor must furnish and file with the Zoning Inspector a license bond in the amount of five thousand dollars ($5,000.00), such bond to be in such form as approved by the Director of Law guaranteeing full and faithful compliance with all of the provisions of this Building Code, and indemnifying and holding the city free and harmless from its activities.
(Ord. 99-O-11, passed 5-17-1999)