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8468 Sign Bonds1 1 1 ORDINANCE NUMBER 8468 (Published in The Salina Journal 1976) AN ORDINANCE PROVIDING FOR THE BOND AND INSURANCE TO BE FURNISHED BY AN APPLICANT FOR A SIGN ERECTOR OR INSTALLER LICENSE, AMENDING SECTION 9-69 OF THE SALINA CODE AND REPEALING THE EXISTING SECTION. BE IT ORDAINED by the Governing Body of the City of Salina, Kansas: Section 1. That Section 9-69 of the Salina Code is hereby amended to read as follows: "Section 9-69. Bond and insurance for sign business. Before any applicant shall be granted from the City a license to engage in the business of sign hanging or the erection of signs in the City the applicant shall: (a) execute and deliver to the City a good and sufficient surety bond in the sum of $5,000 conditioned upon the good and faithful performance of work done by him or them upon any building, sign or premises within the City, the payment of all fees connected therewith, and to hold the City harmless on account of any damages arising from faulty work or neglect of duty in the protection of the public; (b) procure and maintain in full force and effect for the duration of the license bodily injury liability insurance in the minimum amount of $300,000 per occurrence and property damage liability insurance in the minimum amount of $100,000 per occurrence. Proof of coverage shall be on file with the City at all times. Each insurance policy shall contain a clause to the effect that the policy shall not at any time during the license period be cancelled or reduced, restricted or limited, unless the administrative authority is given ten (10) days written notice." Section 2. That the existing Section 9-69 is hereby repealed. Section 3. This ordinance shall be in full force and effect from and after its adoption and publication in the official city newspaper. (SEAL) Attest: Introduced: January 19, 1976 Passed: January 26, 1976 D. L. Harrison, City Clerk - Z-14 Robert C Caldwell, Mayor