(A)
There shall be furnished to the Clerk-Treasurer at the time of making application written proof that the applicant or the contractor for the applicant is covered by public liability insurance in an amount not less than:
(1) For property damage: $300,000;
(2) For injury to any one person: $1,000,000; and
(3) For any one occurrence: $2,000,000.
(B) The applicant shall prove to the satisfaction of the Clerk-Treasurer the payment of a premium for the insurance so that the town will be protected for a period of one year from the date of the commencement of the work.
(Ord. 2021-03, passed 10-12-2021; Ord. 2023-03, passed 5-9-2023)