1466.03 DEPOSITS.
   Upon receipt of the application it shall be the duty of the Village Manager to cause to be prepared an estimate of the expense that will be incurred in removing and replacing any electric wires, street lamps or pole lines, or any other property which will be required to be removed and replaced by reason of the moving of the building through the Village, together with the cost of materials necessary to be used in making such removals and replacements and the expenses of furnishing the necessary police protection and the services of any other department of the Village. Prior to the issuance of the permit the Village Manager shall require of the applicant a deposit of a sum of money equal to the amount of the estimated expense, or a surety bond to the satisfaction of the Village Manager in such amount. In addition to such bond the applicant shall provide a general cash deposit, an indemnity bond to the satisfaction of the Village Manager or a liability insurance policy approved by the Village Manager in an amount to be fixed by the Village Manager sufficient to indemnify the Village for any damage which the Village may sustain by reason of damage or injury to any highway, street, alley, sidewalk, fire hydrant or other property of the Village, which may be caused by or be incidental to the removal of any building over, along or across any street in the Village, and to indemnify the Village against any claim of damages to persons or private property, and to satisfy any claims by private individuals arising out of, caused by or incidental to the moving of any building over, along or across any street in the Village.
(Ord. 1964-7. Passed 7-20-64.)