Before any permit as hereinbefore provided shall be issued, the contractor performing such work shall execute and deliver to the city and file with the city clerk a bond of at least $5,000 or equal to the cost of the improvement, whichever is greater, to be valid at least one year from the completion of all work covered by the permit, with sureties to be approved by the DPW and city attorney, conditioned that he will keep and save harmless the city from all claims, liability, judgment, costs, damages, and expenses arising from any acts which he may do under the permit, or which may be done by any of his agents, servants or employees, or from any negligence from his agents, servants, contractors or any of them, in disturbing such street, alley, pavement or other improvement, or by reason of a violation of any of the said street, alley, pavement, improvement or other place affected, and to place the same in its former condition as near as may be, and within the time specified by the DPW, and to include all fees, or other costs to the city as a result of activity by the permittee in the execution of his contract for which the permit was issued.
(Ord. 649 Ch. VI § 1, 1967; Ord. 1287 § 1, 1998)
Any contractor, normally operating within the city, may file with the city clerk a bond with sureties as provided in CMC 16.24.010 in the amount of $1,000 or more and that such filing of a bond will be due evidence of good faith for any permit obtained during the life of the bond. The bond shall continue in force for at least one year following the last improvement made under permit in the city. In the event the cost of any and all improvements performed exceeds in total the value of the bond on file by the permittee, it shall be the permittee's responsibility to increase the value of the bond to equal the total cost of the several improvements, but not more than $5,000 before further permits will be issued.
(Ord. 649 Ch. VI § 2, 1967)
In lieu of bond arrangements provided in CMC 16.24.010 and 16.24.020, a contractor, at the time of requesting a permit, can present current evidence of compliance with bond regulations of Chapter 18.27 RCW, Registration of Contractors.
(Ord. 649 Ch. VI § 3, 1967)
The contractor must also furnish the city a certificate of insurance or a duplicate copy of his bodily injury liability insurance policy with minimum limits of $100,000 per person and $200,000 per accident and property damage insurance with minimum of $25,000 per occurrence to include injury to or destruction of wires, conduits, pipes, mains, sewers, or other similar property, or any apparatus in connection therewith, below the surface of the ground, if such injury or destruction is caused by and occurs during the use of mechanical equipment for the purpose of grading of land, paving, excavating or drilling, or injury to or destruction of property at any time resulting therefrom, and keep the same in force. It will be the contractor's responsibility to keep and save harmless the city from all claims, liability, judgment, costs, damages, and expenses arising from any acts which he may do under the permit, or which may be done by any of his agents, subcontractors, employees, or any of them, in making or constructing said improvements or by reason of a violation of any of the provisions of this title.
(Ord. 649 Ch. VI § 4, 1967)