903.02  PERMIT FEE; INSURANCE.
   (a)   The fee for the permit required in Section 903.01 shall be three hundred dollars ($300.00).
   (b)   Before any permit required by this chapter shall be issued, the applicant shall file with the Village Administrator satisfactory evidence of adequate insurance protecting the applicant and the Village against any and all claims for personal injury and/or property damage, resulting from any excavation work in the amount of twenty thousand dollars ($20,000).