5.4. SR 05-17-2010 - Laserfiche WebLink

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10.) Closure. Within six (6) months of a written demand by the City, but in no event later than one (1) year prior to the date projected for cessation of landfill operations, the Permittee shall submit to the City for approval an updated closure and post-closure plan for the Landfill Site. 11.) Insurance. The Permittee shall secure and maintain insurance from an insurance company acceptable to the City and authorized to write casualty insurance in the State of Minnesota which will protect the Pernlittee, its agents and employees, and the City from claims for bodily injury, death, or property damage which may arise from the operations on the Landfill Site. The Permittee shall file a certificate of insurance or a certified copy of the insurance policy with the City. Such insurance policy shall contain a clause providing that it shall not be cancelled by the insurance company without thirty (30) days' written notice to the City of intention to cancel. The following coverages shall be provided in amounts not less than those specified: (01) Public liability, general liability, loading and unloading, personal injury, and property damage: (a) $1,000,000 per claimant (b) $1,000,000 per occurrence (c) $1,000,000 annual aggregate (02) Automobile and truck public liability, personal injury, and property damage, including owned and non-owned vehicles with a $1,000,000 minimum limit. (03) The -City may require additional insurance be provided by the Permittee if market conditions change-such that additional coverage become economically practicable. The insurance limits required bythis section shall be reduced if these insurance limits are not reasonably and economically available. For the purposes of this subsection "economically practicable," "reasonably and "economically available" shall be determined by the insurance coverages affected bythe Minnesota Joint Underwriters Association or the readily available private insurance market. 12.) Bonding (01) The Permittee shall furnish a surety bond in favor of the City in the amount of Three Hundred Thousand Dollars ($300,000) to run continuously (annual renewal allowed) until all landfill operations and closure activities are completed to ensure compliance with the terms and conditions of this Conditional Use Permit. Such bond shall be made by an insurance company or other financial institution acceptable to the City and shall be in a form acceptable to the City and its attorney. The bond shall be subject to cancellation by the obligor by giving one hundred twenty (120) days' prior written notice to the City. The Permittee shall renew each such bond no more than sixty (60) days after any such written notice, and failure to so renew the bond shall be an event of default of the obligations of the Permittee and shall constitute ground for immediate and automatic revocation of this Permit. Said bond shall provide that if the Pernuttee refuses to obey any of these requirements or to any of the acts required by this Conditional Use Permit or for any reason ceases to operate or abandons the landfill, and the City is required to expend monies or labor or material to restore the Landfill S:\PLANNING MAIN\Case Files\CUP\CU 10-02 ER Landfill\LANDFILL CUP 2010 2 16 10 CC veision.DOC Page 10