Before a license shall be granted to any person as a plumber, he or she shall comply with the bond and insurance requirements set forth below:
(A) File with the City Clerk-Treasurer a certificate of insurance showing a liability contract of insurance issued to such applicant upon a standard form policy in common use, to be approved by the Council, issued by an insurance company authorized to do business in the state, said policy to secure payment, in accordance with the provisions thereof, to “any person and for any damage to property for at least the following amounts: as respects injuries to persons, to the extent of $300,000 for the injury or death of any one person and subject to the limit of $300,000 for each accident; and, as respects damage to property, to the extent of $100,000 for each accident, and such certificate of insurance shall also state that the City of Owatonna, Minnesota, is named therein as an additional party insured”; and
(B) In lieu of insurance certificate, a license from the state, together with proof of filing of a bond and insurance policy or certificate with the state in accordance with Minn. Stat. § 326.40, Subd. 2, as may be amended from time to time, may be presented.
(1992 Code, § 476:15)