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File #: 080754    Version: 0
Type: Ordinance Status: Passed
File created: 9/16/2008 In control: PUBLIC WORKS COMMITTEE
On agenda: Final action: 10/7/2008
Effective date: 10/24/2008    
Title: An ordinance relating to exceptions to bonding requirements for special privileges.
Sponsors: ALD. BAUMAN
Indexes: BONDS, SPECIAL PRIVILEGE PERMITS
Attachments: 1. 080754 Hearing notice list, 2. Fiscal note, 3. Notice Publsihed on 10-23-08
Number
080754
Version
ORIGINAL
Reference

Sponsor
ALD. BAUMAN
Title
An ordinance relating to exceptions to bonding requirements for special privileges.
Sections
245-12-3-b am
Analysis
This ordinance provides a new exception to the requirement that parties seeking a special privilege for obstruction or excavation obtain a bond and maintain liability insurance. The exception applies to colleges and universities.

Currently, the exceptions provided for bonds and insurance policies apply only to public service corporations or cooperative associations organized under ch. 185, Wis. Stats., which are required to file proof of financial responsibility subject to approval by the city attorney. This ordinance treats colleges and universities in the same manner as public service corporations or cooperative associations.

The ordinance also requires the city attorney to consult with the city comptroller when reviewing the sufficiency of proof of financial responsibility when offered in lieu of a bond.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 245-12-3-b of the code is amended to read:

245-12. Special Privileges.

3. PROVISIONS.

b. File with the city clerk a bond of a surety company duly incorporated in the state of Wisconsin or duly licensed to do business in this state, in such sum as the common council may require but not exceeding $10,000, such bond to be approved by the city attorney. Individual sureties shall not be deemed in compliance with this section. The applicant shall also file with the city clerk a certificate of insurance indicating applicant holds a public liability policy in the sum of at least $25,000 covering bodily injury to any one person, and $50,000 covering bodily injury to more than one person in any one accident, and $10,000 covering property damage to any one owner on the area or areas included within the special privilege, and naming the city of Milwaukee as an insured. B...

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