(A) The licensed hauler shall indemnify and save harmless the city and all its executives, representatives, officers, agents, employees, successors and assigns, jointly and severally, from any and all manner of losses, suits, actions, payments, costs, charges, damages, judgments or claims, and demand of any character, name or description brought on account of any injuries or damages received or sustained by any person, persons or property by reason of any act, omission, neglect or misconduct of the licensed hauler or the hauler’s agents or employees in the execution of the license.
(B) In addition, the licensed hauler shall carry a minimum insurance policy providing complete third-party comprehensive bodily injury and property damage liability insurance, covering not only the licensed hauler but also the city, the limits of which shall not be less than $300,000/$500,000 for bodily injury and $50,000 for property damage, with the city named as coinsured with the licensed hauler under the policy or in an amount identified in the contract specifications. The licensed hauler shall furnish the proper certificates of insurance coverage to the city.
(Prior Code, § 5.02.16)