A. Before such permit is issued and said work begun, a written application on a blank form, to be furnished for that purpose by the said Board of Commissioners, must be filed with the proper official of the Township, setting forth the purpose for which said highway, road, street, avenue, lane, alley, sidewalk or footpath is to be occupied and the location of the said proposed work, and in such application the applicant shall agree to assume all liabilities for all or any damages to person or property accruing to the public or to the said Township which may or might result from the occupying of said highway, road, street, avenue, lane, alley, sidewalk or footpath.
B. The said application must be signed by a person, firm, association or corporation who shall have filed with the Board of Commissioners a bond in amount not less than $1,000 under such conditions and with surety as shall be approved by the Solicitor of the Board of Commissioners to save harmless the Township of Upper Dublin from any and all damages to person or property accruing by reason of the work for which permits may be issued from time to time hereunder, and who also shall have filed with the Board of Commissioners a certificate showing that liability insurance is carried in the amount of $1,000,000.