(A) No person, firm or entity shall be allowed to engage in any construction or repair project of any nature whatsoever where the obstruction, destruction or repair of a public way is affected without first applying for and receiving from the Superintendent of Public Works a permit therefor.
(B) No such permit as required in division (A) above shall be issued until the person or entity applying for the same shall have first:
(1) Deposited with the Superintendent of Public Works a bond issued by a surety licensed to do business in the state as such conditioned upon the return of the public way to satisfactory condition following the completion or substantial completion of the project; and
(2) Secured a policy of insurance from a reputable carrier licensed to do business as an insurance carrier in the state insuring the city against any claim, demand, suit or cause of action of any nature whatsoever arising from, by reason of or in connection with the project with respect to which application for permit is made. Application for such permit without such insurance having been procured or falsely reporting such insurance having been procured shall, in addition to any other penalty provided, subject the applicant to liability to indemnify the city for any costs or expenses incurred by reason of any such claim, demand, suit or cause of action required to be insured against, including court costs and attorneys’ fees arising in connection therewith.
(Prior Code, § 98.095) (Ord. 76-O-915, passed - -1976) Penalty, see § 98.999