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Section 9.3 Examination And Licensing Section 9.3.1 The City Council may approve or reject said application, or may refer the same to the City Engineer or the Plumbing Inspector, for examination as to the applicant's qualifications. If the City Council approves the application, a license authorizing the applicant to engage in the business of sewer contracting shall be issued, but only after the execution and filing of the bond and insurance requirements and payment of the fee is accomplished. Section 9.4 Bond And -Insurance Section 9.4.1 Before the Sewer Contractor's License is issued, the licensee shall file, with the City Clerk, the following Bond and Insurance certificate: a) A bond in favor of the City of Gem Lake, as obligee, with an approved Corporate Surety, in the penal sum of five thousand dollars ($5,000.00), the conditions of which bond shall be that the licensee shall keep the obligee harmless from all costs and charges that may accrue on account of the doing of any work authorized or permitted in making sewer connections in the City of Gem Lake per this Ordinance, that the licensee shall save the obligee harmless from any loss or damage by reason of improper or inadequate work performed by the licensee on projects done per this Ordinance and further that the licensee shall save the obligee harmless from any damage to utility lines, curbs, street, street surfaces or sidewalks. b) A certificate that insurance is in force covering the licensee for the period covered by the licensee in the following minimum amounts: Property damage, one hundred thousand dollars ($ 100,000.00); Public Liability, two -hundred fifty thousand dollars ($ 250,000.00) each person; and five -hundred thousand dollars ($500,000.00) for each accident. The certificate shall state that the policies covering the licensee shall not be canceled without ten (10) days written notice to the City of Gem Lake. 3) A certificate that worker's compensation insurance is in force covering any employee of the licensee for the period covered by the insurance. Section 9.5 Re-examination Section 9.5.1 Should the applicant not be approved by the City Council, he may file a second application for subsequent consideration by the City Council, with such examination as to qualifications as the City Council may require, but no applicant shall file more than two (2) applications with a period of one (1) year. Section 9.6 Fees Section 9.6.1 The annual license fee shall be that set annually by the City Council at its first meeting in January. Any person allowing his license to expire shall not be permitted