(A) No excavation permit shall be authorized unless the applicant files with the City Clerk evidence of an in force insurance policy, surety bond or other equivalent assurance of sufficient coverage to protect the city against liability for bodily injury, death and property damages.
(B) In lieu of such assurance, government agencies and public utilities may provide a certificate of self-insurance, such certificate providing assurance of adequate coverage to protect the city from liability.
(Prior Code, § 6.0112)