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Before the issuance of a registration as an electrician contractor, such person shall furnish and maintain during all times that the electrician contractor registration is in effect, bodily injury and property damage liability insurance coverage with limits of at least $1,000,000 per occurrence. The registrant shall furnish the City Clerk with a certificate of such insurance coverage, which shall note that the insurance coverage shall not be terminated except upon 30 days' written notice to the city. The policy of insurance required by this section shall be purchased at the expense of the registrant, shall be in effect for at least one year from the date of registration, and shall provide coverage of products, hazards and completed operations. Cancellation of the policy shall automatically suspend the registration until a substitute policy has been obtained, and a certificate of that fact filed in the office of the City Clerk. Such insurance will indemnify and hold the City of Schuyler harmless from all liability, from any accidents or damages arising from negligence or unskillfulness in doing or protecting his or her work while performing work authorized by a permit or work requiring a permit or registration, and that he or she will also restore the street, sidewalk, pavement or other public property or right-of-way and to repair and fill all other public property or right-of-way in as good a condition as he or she found them, and to indemnify and hold the city harmless from damages suffered by his or her failure to do so, and keep and maintain them in good repair in accordance with engineering standards and specifications of the city, for a period of one year thereafter, and that he or she will pay all fines imposed upon him or her for the violation of any rule or regulation adopted by the city in force during the term of his or her registration, and that he or she will pay all fees set forth in this chapter.
(1972 Code, § 10-426) (Ord. 2021-09, passed 11-2-2021)