(A) Refuse contractors shall maintain the following insurance coverage limits:
(1) Workers compensation insurance as prescribed by Illinois Statute;
(2) General liability insurance:
(a) $1,000,000 per person;
(b) $1,000,000 per occurrence;
(3) Property damage liability insurance:
(a) $1,000,000 each incident;
(b) $1,000,000 per occupance;
(4) Vehicle liability insurance:
(a) $1,000,000 property damage and bodily injury;
(b) $1,000,000 per occurrence;
(B) Prior to the issuance of a license, contractor shall furnish a certificate of insurance verifying the existence of current coverages. Further, the village shall be named as an additional insured party on said policies.
(C) All contractors shall agree to indemnify and forever keep and save harmless the village, its agents, officials, and employees against any and all claims for injuries, death, loss damages, claims of every type, nature and description, patent claims, suits liabilities judgments, costs and expenses of the alleged negligence or omission of the contractor or his employees, agents, servants, subcontractors, or suppliers in connection with performance of the contract.
(D) All contractors shall agree, at the contractors’ own expense, to appear, defend and pay all charges of attorneys and all costs and other expenses arising from the foregoing, or incurred in connection therewith in the defense of the village, its agents, officials and employees.
(E) All contractors shall further agree that in the event a judgment should be entered against the village as a result of the negligence and omissions hereinabove described, it shall satisfy same including, but without limitation on the foregoing, all costs and interest in connection therewith.
(F) All contractors expressly understand and agree that any performance bond or insurance protection required of this contractor, or otherwise provided by this contractor, shall in no way limit the responsibility to indemnify, keep and save harmless and defend the village, its agents, officials and employees as hereinabove provided.
(G) All contractors shall execute an agreement binding the insurance and indemnification terms stated in this section.
(Ord. 1993-8, passed 5-3-93)