30-14 Amend Insurance Provisions

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(a) The Building Commissioner shall maintain a list of Registered Contractors by Trade. The Commissioner shall record the name of any contractor, being an individual or a business entity, on the List of Registered Contractors up- on providing the Commissioner with the following: (2) Contractors liability insurance, including but without limitation, for bodily injury in the amount of one hundred thousand dollars /three hundred thou- sand dollars ($100,000/$300,000), and for property damage in the amount of at least fifty thousand dollars ($50,000) or such greater amounts as per- mitted by Ohio R.C. 4740.06(B)(4). (4) A fee of one hundred dollars ($100.00) for the registration and, if applica- ble, a fee of one hundred dollars ($100.00) for the testing provided for in paragraph (1) above. shall be and is hereby amended to read as follows: 1321.02 REGISTRATION BY BUILDING COMMISSIONER. (a) The Building Commissioner shall maintain a list of Registered Contractors by Trade. The Commissioner shall record the name of any contractor, being an individual or a business entity, on the List of Registered Contractors up- on providing the Commissioner with the following: (2) Contractor's liability insurance, including but without limitation, fer bodily injury in the ,..,,,,....t of one litnu ..oft tl.......and della_s"thfee h....a..,.a then s,nd-w„lla-s ( ",.1 -9 ^moo "n'$.'�w ", "�� and fin-property damage coverage in the amounts approved by Councilof at leist fifty thousand dollars ($50,000) e.. ,a. greatef ainetarts as pefrnit4ed L. Ohia R.G. 17,10.06(B)(4). and in a form approved by the Director of Law listing all trades for which the con- tractor is insured and naming the City as an additional insured. The form shall provide that the insurance coverage shall not be canceled or reduced by the insurance carrier without 30 days' prior written notice to the City. (4) A fee of one hundred dollars ($100 .00) for the registration and, if applica- ble, a fee Rf gap '-^ ulfed dell° -° ($100 .00) for the testing provided for in paragraph (1) above. Fees shall be established by Council. Section 8. Section 1321.03, Bond, of the Codified Ordinances of the City of Lakewood, currently reading as follows: 1321.03 BOND.