(A) No permit shall be issued unless the applicant shall file with the Municipal Secretary a surety bond by a surety acceptable to the municipality in the sum of not less than $5,000. In the event the conditions of § 150.083 are not completed within the 90 days, the city may file on the applicant’s bond in order to complete the conditions thereof.
(B) The applicant shall procure and keep in full force and effect a policy of public liability and property damage insurance issued by a casualty insurance company authorized to do business in this state and in the standard form approved by the state Board of Insurance Commissioners. Such policy shall contain a provision that the municipality shall be fully indemnified. Such insurance policy shall insure the public from any loss or damage that may arise to any person or property by the reason of the moving of a building or structure by the applicant and providing that the following recovery limits be not less than the following:
(1) For damages arising from bodily injury to or death of one person in any one accident, $100,000;
(2) For damages arising from bodily injury to or death of two or more persons in any one accident, $300,000;
(3) For injury to or destruction of property in any one accident, $50,000.
(C) The Council may waive any insurance or bonding requirements provided for herein or may require a lesser amount of coverage if in its opinion the public will be adequately protected.
(Am. Ord. 953, passed 12-13-05)