Each applicant, before the permit required by this article is
issued, shall provide the City with an acceptable certificate of insurance
indicating that he is insured against claims for damages for personal
injury as well as against claims for property damage which may arise
from or out of the performance of the work, whether such performance
is by himself, his subcontractor, or anyone directly or indirectly
employed by him.
[Amended 6-18-1996 by Ord. No. 1996-19]
The insurance required by the provisions of this division shall
cover, among other things, collapse, explosive hazards, and underground
work by equipment on the street, and shall include protection against
liability arising from completed operations. The amount of the insurance
shall be prescribed by the City Engineer in accordance with the nature
of the risk involved; provided, however, that the liability insurance
for bodily injury in effect shall be in an amount not less than $100,000
for each person and $300,000 for each accident, and for property damages
an amount not less than $50,000 with an aggregate of $100,000 for
all accidents. Public utilities and authorities may be relieved of
the obligation of submitting such a certificate if they are insured
in accordance with the requirements of this article.