§ 5-5. Proof of insurance required; other specifications

Applicants will be required to submit proof of proper liability insurance coverage; said coverage to be a minimum of one hundred thousand dollars ($100,000.00)/three hundred thousand dollars ($300,000.00)/twenty-five thousand dollars ($25,000.00) bodily injury and property damage.

Carters shall also indicate that they are operating vehicles with a reverse signal alarm audible above the surrounding noise level.

At any time during the application process or during the term of a license, applicants may be required to provide:

(1) A performance and payment bond, or other security, in a form acceptable to and approved by the town, in an amount set by the selectboard, not to exceed the estimated amount of the licensee's tipping fees for two (2) calendar month's, said security to ensure compliance with the requirements of this section, including the requirement that the licensee properly dispose of solid waste at a facility designated by the selectboard. In the event that the board determines that the licensee has failed to deliver solid waste to the designated facility or to pay fees due the town under this section, said security shall be forfeited to the town;

(2) A list and description of the pick-up routes within the town, together with the estimated number of customers on each route and the approximate tonnage attributable to said route.

(Ord. of 1-12-88; Ord. of 9-10-91; Ord. of 5-26-92)