§ 98.003 PERMITS AND BONDS.
   (A)   Where permits are authorized in this chapter, they shall be obtained upon application to the Superintendent, upon forms as he or she shall prescribe, and there shall be a charge of $1 for each permit. The permit shall be revocable by the Superintendent for failure to comply with this chapter, rules and regulations adopted pursuant hereto, and the lawful orders of the Superintendent, or his or her duly authorized representative, and shall be valid only for the period of time endorsed thereon. Application for a permit under the provisions of this chapter shall be deemed an agreement by the applicant to promptly complete the work permitted, observe all pertinent laws and regulations of the village in connection therewith, repair all damage done to the street surface and installations on, over or within the street including trees and protect and save harmless the village from all damages or actions at law that may arise or may be brought on account of injury to persons or property resulting from the work done under the permit, or in connection therewith.
   (B)   Where liability insurance policies are required to be filed in making application for a permit, they shall be in not less than the following amounts, except as otherwise specified in this chapter:
 
On account of injury to or death of any person in any one accident
$500,000
On account of any one accident resulting in injury to or death of more than one person
$500,000
On account of damage to property in any one accident
$100,000
 
   (C)   A duplicate executed copy or photostatic copy of the original of the insurance policy shall be filed with the Village Clerk.
   (D)   Where cash deposits are required with the application for any permit hereunder, the deposit shall be in the amount of $25, except as otherwise specified in this chapter; and the deposit shall be used to defray all expenses to the village arising out of the granting of the permit and work done under the permit or in connection therewith. Three months after completion of the work done under the permit, any balance of the cash deposit unexpended shall be refunded. In any case, where the deposit does not cover all costs and expenses of the village, the deficit shall be paid by the applicant.
(1988 Code, § 4.4102) (Ord. passed 3-6-1961; Ord. passed 4-3-1978; Ord. passed 1-18-1988)