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HomeMy WebLinkAbout07383ORDINANCE NO. 7383 AN ORDINANCE AMENDING SECTION 17 OF CHAPTER 1 OF TITLE IV OF THE PUEBLO MUNICIPAL CODE RELATING TO INSURANCE REQUIREMENTS FOR LICENSEES AND REGISTRANTS IN CONSTRUCTION BUSINESSES OR FOR CONSTRUCTION WORK BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO that: (Brackets indicate matter to be deleted; underscoring indicates matter to be added.) SECTION 1. Section 17 of Chapter 1, Title IV of the Pueblo Municipal Code, as amended, is amended to read as follows: Sec. 4 -1 -17. Insurance requirements. (a) Before any license or registration shall be issued to engage in the construction business or to perform construction work, an applicant shall file with the Building Official a certificate of Commercial General Liability insurance with personal injury and property damage limits at a combined single limit of not less than [five] two hundred fib thousand dollars [$500,000] $250,000 per occurrence and [one million] five hundred thousand dollars [$1,000,000] $500,000 aggregate. In addition, before any such license or registration is issued, the applicant shall file proof that the applicant has obtained Workers' Compensation Insurance as required by and in accordance with the laws of the State. (b) Such insurance certificates shall include the policy number(s), the name of the applicant, the effective and expiration dates, the limits of such policies and a description of coverage by the insurance carrier. The Pueblo Regional Building Department shall be listed as the certificate holder. SECTION 2. This Ordinance shall become effective immediately upon final passage and approval, and shall apply to all applications for licenses or registrations, all renewals of licenses and registrations, and all renewals of insurance policies on existing licenses and registrations, made after its effective date. INTRODUCED September 12, 2005 BY Michael Occhiato Councilperson APPROVED: PRES1DENT 9F CITY C IL ATTESTED BY: CITY CLERK PASSED AND APPROVED October 11, 2005 06 * -) 3$3 • _ • a► • Background Paper for Proposed ORDINANCE AGENDA ITEM DATE: September 12, 2005 DEPARTMENT: Pueblo Regional Building Department David Vaughn, Director TITLE AN ORDINANCE AMENDING SECTION 17 OF CHAPTER 1 OF TITLE IV OF THE PUEBLO MUNICIPAL CODE RELATING TO INSURANCE REQUIREMENTS FOR LICENSEES AND REGISTRANTS IN CONSTRUCTION BUSINESSES OR FOR CONSTRUCTION WORK ISSUE Should the proposed Ordinance be approved? RECOMMENDATION The proposed Ordinance should be approved. BACKGROUND After expressed concerns from the construction community, we investigated the matter with the City Attorney and found the changes proposed to the minimum amounts for insurance required for contractors was adequate. FINANCIAL IMPACT None.