(a) The permittee shall at all times keep fully insured, a his or her own expense, all
persons employed by him, in connection with the contract as required by Workers' Compensation
Insurance and Safety Act of the state, and shall hold the city free and harmless from
all liabilities that may arise by reason on the injuries to any employee of the permittee
who are injured while performing any work or labor necessary to carry out the provisions
of a contract or permit. The permittee, during the life of the permit, shall keep
on file with the city clerk evidence that the permittee is fully and properly insured
as required by such act.
(b) If necessary, in the judgment of city council, the permittee shall deposit with the
city a cash deposit or a performance bond guaranteeing the performance of any permit
which he may have with the city. The cash deposit or bond shall be in the amount and
in a form approved by the city attorney.
(c) The permittee shall indemnify the city, its officers and employees, against, and hold
the city, its officers and employees, harmless from, any claims asserted against the
permittee on account of the negligence of the permittee or its employees, by employees
of the permittee or by third parties, arising out of personal injuries or property
damage, including hazardous material clean up costs and penalties, suffered by any
such persons on account of the operations of the permittee hereunder. The permittee
shall provide and maintain in effect, bodily injury, property damage and environmental
liability insurance with limits in an amount approved by the city attorney and as
set forth in the permit granted. The permittee shall have the city, its officials
and employees named as an additional insured under each of the aforementioned policies,
and such policies shall be endorsed to require thirty (30) days written notice to
the city prior to any cancellation thereof. The permittee shall furnish to the city
certificates evidencing that the insurance required hereunder is in effect and such
certificates shall be in a form approved by the city's risk management office.