(a) No person, firm or corporation shall be permitted to commence operation of any nature whatsoever as contained in this Building Code, and no permit shall be issued to such person, firm or corporation, unless, during the performance of the work authorized by such permit, the public is protected by an approved policy of insurance commonly termed a commercial general liability policy with limits as follows:
(1) At least three hundred thousand dollars ($300,000) per occurrence limit and three hundred thousand dollars ($300,000) general aggregate limit.
(2) The City of Parma must be named as an additional insured.
(b) Such policy of insurance shall be in a form directed or approved by the Law Director and shall, in addition to the public protection hereinbefore specified, protect the City in the amounts specified from all claims for personal injury, including death, and from all claims of property damage resulting from the doing of the work for which the permit was issued.
(c) Contractor applicant shall not be allowed to cancel the policy without giving the City advanced notice of such and receiving the City's written consent. The contractor applicant shall have a continual duty to notify the City of any changes that affect the contents of this section. Failure to do any of the above shall be grounds for the City to revoke any and all permits on this project and allow the City to consider contractor applicant's registration as void. The City retains any and all rights to any other civil remedies and/or criminal actions regarding contractor applicant's failure to comply with the above duties and requirements.
The surety company shall be obligated to send notice to the City immediately upon cancellation and/or changes to the policy.
(Ord. 169-94. Passed 7-18-94; Ord. 82-11. Passed 3-21-11.)
(d) (EDITOR'S NOTE: Subsection (d) hereof was repealed by Ordinance 336-96, passed October 21, 1996.)