1329.01 DEFINITIONS.

   Unless the context specifically indicates otherwise, the meaning of terms used in this chapter shall be as follows:

   (a)    "Insurance" means a contract of indemnity wherein the contractor, owner or possessor of the property interest, pays a consideration to an insurance company to carry the risk for injuries and damages.

   (b)    "Performance bond" means an agreement by one called the "surety" to answer for the debt, default or miscarriage of another, called the "principal".

   (c)    "Surety" means one who issues the surety bond or performance bond.

   (d)    "Principal" means the one whose acts are guaranteed. The contractor or owner of the insurance contract.

   (e)    "Obligee" means the one in whose favor the bond runs.

   (f)    "Contract" means a promise or set of promises for the breach of which the law gives a remedy, or the performance of which the law in some way recognizes as a duty. The contractual arrangement must involve competent parties and be based upon legal considerations.

   (g)    "Agent" means one empowered to transact the business of the City.

   (h)    "Permit" means a form or letter signed by the duly authorized agent granting permission to the owner or contractor to proceed with the work of demolition.

   (i)    "Engineer" means the City Engineer or his duly authorized agent.

   (j)    "Fire Chief" means the Fire Chief of the City.

   (k)    "Director of Public Safety" means the Director of Public Safety of the City.

   (l)    "Common or joint wall" means a wall used for the support of the roofs and floors of adjacent buildings.

   (m)    "Private walls" means walls individually constructed for the purpose of supporting the building structure.

   (n)    "Utilities Superintendent" means the Superintendent of the Department of Public Utilities.

   (o)    "Director of Public Service" means the Director of Public Service of the City.
(Ord. 610801-31. Passed 8-15-61; Ord. 730619-61. Passed 7-3-73.)