[Ord. No. 103-86 § 9]
The subdivider shall file with the Board of Commissioners a
general liability insurance policy at the same time as he filed his
performance guarantee. The Borough Solicitor shall approve the policy
for form. The policy shall be of the same term as the performance
guarantee and shall be extended in conformance with any extension
of the performance guarantee.
[Ord. No. 103-86 § 9]
The policy shall insure the Borough of West Cape May and the
subdivider shall cover all operations in the development involving
existence and maintenance of property and building and contracting
operations of every nature including all public improvements. The
policy shall have limits of liability of $100,000 for bodily injury
to each person and $300,000 liability on the aggregate for each accident
and property damage liability of $5,000 for each accident and $25,000
aggregate property damage liability.