The permit shall not be issued unless the applicant therefor furnishes the city a performance bond in the sum of $5,000 that within six months after the permit is granted, the relocated building will be ready for occupancy and use in accordance with the building and zoning regulations of the city in effect at the time the permit is issued.
In addition, the permit shall not be issued unless each applicant therefor furnishes the city a certificate of insurance indemnifying the city from any and all expenses, damages, and liabilities for injuries to person or properties, whether public or private, that may result from the moving or from the abandonment or cessation of diligent and continuous moving, as provided in RMC §
15.20.100. Such certificate of insurance shall provide coverage in excess of the following amounts:
A. Bodily injury: $100,000 each occurrence.
B. Bodily injury: $300,000 limit per accident.
C. Property damage: $50,000 each occurrence.
(Ord. 734 § 5, 1967; Ord. 906, 1987)