§ 8-73. Insurance required.  


Latest version.
  • The owner shall maintain in full force and effect liability insurance during the registration period for the vacant building in an amount of not less than one million dollars ($1,000,000.00) for any vacant building. The policy shall designate the city as an additional insured and cover any loss or damage resulting from damages to persons or property resulting from the owner's supervision, management, and maintenance of the vacant building, the use of the building, or a condition of the vacant building. The insurance policy shall require notice to the building official within thirty (30) days of the policy's lapse, cancellation, or change in coverage. The insurance policy must be written by an insurance company approved by the State of Texas and issued in a standard form approved by the Texas Department of Insurance. The owner shall provide a current certificate of insurance upon application, reinstatement, or renewal of the certificate of registration and every six (6) months that the building is required to be registered pursuant to this article. Upon a reasonable request by the building official, the owner shall provide the building official such additional information and documents as are necessary to ensure compliance with this section.

(Ord. No. 2009-9081, § 2, 6-11-09)