[Amended 2-17-1987; 5-4-1987]
As a condition for the permit, the Commissioner of Public Works shall require the applicant to submit proof of liability insurance in the amount of $500,000 per individual and $500,000 per occurrence. The applicant shall also be required to execute a hold-harmless agreement indemnifying the City against loss, including costs and expenses, resulting from injury to person or property as a direct or indirect result of the applicant's digging. Said hold-harmless agreement shall be covered by a protective policy of insurance in the amount of $500,000 and shall be subject to the approval of the City Attorney.