The applicant shall file with the Commission, on a form provided
by the Town, a general liability insurance policy in an amount satisfactory
to the Town and naming the Town as a named insured. This policy shall
be of the same period of time as the Performance Bond and shall be
extended in conformance with any extension thereof. The policy shall
insure the Town and the applicant and shall cover all operations in
the development involving existence and maintenance of property and
buildings and contracting operations of every nature including all
public improvements. Said policy shall have limits as prescribed by
the Board of Selectmen.
Before any zoning permit is issued for the construction of any
building in a subdivision on a lot which fronts on a subdivision road
which has not been accepted by the Town as a public road, and does
not front on an accepted public road, the subdivider shall complete
such road, in accordance with such specifications at each stage, up
to the further side line of such lot, to a stage in construction at
which only the final surfacing of the road remains to be done before
completion of the road, and the subdivider shall have delivered a
performance bond as aforesaid, covering the final completion of such
road up to such side line.