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HomeMy Public PortalAboutORD12302 BILL NO. 95-18 SPONSOR o 1n ilmen to dt Bertel Byrd Green Haake Jacks Kammerdiener. tun hr. McDowell IiIad Nl1ggs ORDINANCE NO. 12302 AN ORDINANCE OF THE CITY OF JEFFERSON, MISSOURI, AMENDING THE CODE OF THE CITY OF JEFFERSON, MISSOURI, BY ADDING SECTION 2-391. OF THE CODE,TO REQUIRE PROFESSIONAL LIABILITY INSURANCE FOR ARCHITECTURAL AND ENGINEERING FIRMS. BE IT ENACTED BY THE COUNCIL OF THE CITY OF JEFFERSON, MISSOURI AS FOLLOWS: Section 1: The Code of the City of Jefferson, Missouri is hereby amended by the addition of a new Section 2-391 to require professional liability insurance for architectural and engineering farms which shall read as follows: t, Section 2-391. Professional liability insurance required for architectural and engineering firms A. Every architectural or engineering firm entering into a contract with the City of Jefferson or with any department of the City of Jefferson shall carry professional liability insurance coverage in the following amounts: PROJECT CATEGORY MINIMUM INSURANCE COVERAGE Studies and Reports $100,000.00 Construction Projects Less than $500,000 cost $100,000.00 $500,000 to $1,000,000 cost $250,000.00 More than$1,000,000 cost $500,000.00 B. The City may require professional liability insurance coverage in a greater amount if it is in the best interest of the public and the greater amount is approved by the Council. s C. The duration of professional liability insurance coverage for construction projects shall extend for two(2)years from the date of the City's acceptance of the completed construction r, project. D. All policies of insurance, indemnification agreements and bonds executed to the City shall be filed with the City Clerk. The City Counselor shall ascertain whether the surety is authorized to do business in the State of Missouri, and approve or disapprove as to form. If any such policy, indemnification agreement or bond is not so approved, the person required to submit such document shall replace the same with a document complying with the terms of this ordinance. Section 2: This ordinance shall be in full force and effect from and after its passage and approval. Passed: June 19. -1925 Approved: Presiding Officer Mayor AM A T: o ° City Clerk CAOMCMWPWIMWPDOC9C"CILW RDINAN093-016.WPD °+M; J!^r6 �.,f1 ',� ':� . -.� r.�� r x`fY.Y3�Vt,..4.,�3,�!�ly.. . •�' ;�,wa r.' M �.�..,wa w.k`E1(i�y,H-,�ry' .&;r:�y��i x,i