§ 117.03 INSURANCE AND BOND.
   A house mover’s license may not be issued unless the applicant first files with the City Administrator/Clerk-Treasurer a policy or policies of insurance insuring the applicant against liability imposed by law in the limits of $2,000,000 per occurrence, bodily injury and property damage combined single limit. The policy must provide that it may not be not renewed, terminated or cancelled by the insurer except upon notice to the city in accordance with the notice periods set forth in M.S. § 60A.351, as it may be amended from time to time. In case of cancellation of such insurance the license will be automatically suspended until the insurance has been replaced. A license may not be granted until the party applying therefor has given a bond in the sum of $10,000 with good and sufficient sureties to be approved by the City Attorney and the City Council, and conditioned that the party will save, indemnify and keep harmless, the city against all liabilities, judgments, costs and expenses, that in any way accrue against the city in consequence of the granting of the license, including the cost of the city for the services of public utility maintenance personnel necessitated by the moving of any building, and will comply with the provisions of this section and with the conditions of any permits which may be issued to them.
(Prior Code, § 405.05)