(A) A person who files an application for a building permit shall provide or already have provided the Building Official a certificate of insurance that meets the requirements of division (B) below. A permit will not be issued until the certificate of insurance has been filed.
(B) A certificate of insurance shall:
(1) Be written by a company licensed to do business in the state;
(2) Provide for commercial general liability insurance coverage for the builder for claims for property damage or bodily injury;
(3) Be in a coverage amount of not less than $300,000 for all claims arising in any one-year period; and
(4) Will provide the coverage for the period of time anticipated to be involved in the construction for which the permit is issued. In the event that coverage will expire during a period of construction, the permit holder must provide a replacement certificate providing for coverage for the remainder of the construction period shall be required.
(C) This section shall not alter the responsibility of any person performing construction activity for damages to anyone or for performance of any contract.
(D) Neither the city nor any city employee or contractor assumes any liability on the basis of inspection activity or the issuance of a license, certificate or permit.
(Ord. 07-231, passed 10-16-2007)