The property owner, by acceptance of the permit issued pursuant to the provisions of this chapter, agrees to be responsible for any and all claims and liability for damages caused by any of the construction permitted by the provisions of this chapter or caused by the property owner's failure to perform his obligations under the permit and save the City harmless therefrom. In the event any such claim or liability for damages is made against or imposed upon the City, or any department, officer, or employee thereof, the property owner, by his acceptance of the permit, shall agree to defend, indemnify, and hold each of them harmless from such claim or liability. The property owner shall provide and keep in force, during the term of the permit, a policy of public liability and property damage insurance policy naming the City as additional insured against liability for personal injury, including accidental death, as well as liability for property damages which may arise in any way out of the exercise of the rights granted by the permit. The amounts of such insurance shall be in accordance with the requirements of TMC 1-6-01.
(902-CS, Amended, 06/27/1996)
(a) 
The property owner shall post improvement security with the City Engineer, before the permit is issued, equal to one hundred (100%) percent of the established costs of the work covered by the permit, to be used as follows:
(1) 
To pay the actual costs of the work completed by the City in connection with any permit issued, including overhead costs;
(2) 
To pay the actual costs of the work done by the City to repair or restore any public improvement damaged or destroyed by the property owner during the course of any operation performed under any permit, including overhead costs; and
(3) 
To pay the actual costs of placing lighted barricades on or about the property owner's work, including overhead costs, and the costs of furnishing, by the City, other safety barricades or warning devices and necessary storm drains in connection with any permit issued.
(b) 
The property owner shall be entitled to the refund, in whole or in part, as the case may be, of any security posted with the City when all the work to be done by the property owner under the permit issued prior to or subsequent to the posting of such security has been completed by the property owner and has been approved or completed by the City, from which security shall be first deducted all costs incurred by the City for the work performed by the City pursuant to the provisions of this chapter.