§ 22-163. Bond and insurance requirements.

(a)

A person who has been issued a plumbing contractor's license shall execute and file with the city clerk a performance bond with sufficient surety to be approved by the city manager in the sum of $5,000.00 which provides that the licensee shall release and save the city and its officials harmless of and free from all expenses and damages caused or resulting from any negligence of the licensee, and that the licensee will restore all earth, pavement and other materials removed by it in laying any pipe or for any other purpose so that the location of the licensee's work is in as good a state and condition as it was before such opening was made, and that the licensee will keep and maintain the same in the same condition and to the satisfaction of the superintendent of streets for 24 months thereafter and that it will pay all fines that may be imposed upon it for any violation of any rules, regulations or ordinances of the city, or of the city engineer or utility board relating to such pipes, waterworks or sewers; provided, however, that if the licensee shall procure and file with the city clerk a public liability insurance policy which indemnifies the public against loss by the negligence of the licensee or its agents in the sum of not less than $50,000.00 to any one person and $100,000.00 for any one claim, and provided the form and content of such policy is written by a registered insurance company licensed by the state, then the amount of the bond shall be reduced to the sum of $1,000.00.

(b)

A plumbing contractor's license shall not be valid unless the licensee complies with the provisions of this section.

(Code 1996, § 31-56; Ord. No. 24-00, § I(31-56), 8-14-2000)