§ 115.06 BOND.
   (A)   At the time of filing an application for a fireworks permit and upon the payment of all applicable permit fees, the applicant must produce one of the following:
      (1)   A policy of liability insurance in a solvent and responsible company authorized to do business in the state insuring said licensee against liability for any injury, death, or property loss or damage which said licensee may incur while operating under the provisions of this chapter; or
      (2)   A bond for a sum not less than $1,000,000 in a form deemed acceptable by the Clerk and approved by same.
   (B)   Said policy if liability insurance must be in the amounts of $100,000 per person, $300,000 per occurrence for bodily injury liability and $100,000 for loss of means of support, and must be for a term of at least co-extensive with the period of the license.
   (C)   No municipality shall be required to produce a policy of liability insurance or to file a bond.
   (D)   Issuance of the permit is conditioned on compliance with the provisions of this chapter, state law, and the regulations of the State Department of Natural Resources with relating to explosives/fireworks.
   (E)   Issuance of the permit is conditioned upon payment of a $150 application fee and signature by the applicant(s) and those individuals/companies who will be handling the display/explosives, and dismantling the display on a hold harmless agreement (425 ILCS 35/2 and 225 ILCS 210).
(Prior Code, § 5-2-7) (Ord. 99-1110, passed 11-16-1999)