No permit for the performance of any of the work specified in Section 12.08.010 of this chapter shall be granted until the applicant therefor has placed on file with the city engineer a certificate of insurance of a responsible and solvent corporation authorized to issue a policy of insurance under the laws of the state of California that it has issued to or for the benefit of such applicant the required insurance policy or policies. The insurance policy or policies, including, but not limited to, commercial general liability, commercial automobile liability, and property damage shall insure the applicant for such permit, its directors, officers, agents and employees and the city of Palo Alto, its officers, agents and employees against loss for injury to or death of any person or damage to property arising out of or resulting from the work authorized to be performed by such permit. The amount of each policy for commercial general liability, commercial automobile liability and property damage shall be not less than one million dollars on account of any one occurrence or in the aggregate resulting in injury to or death of one person or for damage to property. Such insurance shall contain an endorsement specifying that it is primary coverage, any insurance carried by the city being excess insurance only. The certificate of insurance shall include a hold harmless and indemnity agreement in favor of the city.
(Ord. 4563 § 2, 1999: Ord. 1999, 1961: Ord. 1886 (part), 1959: prior code § 33.40)