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Subd. 3. Requirements For License: Each applicant for a license shall satisfy the <br />Council that applicant is competent by reason of education, special training <br />and experience and that applicant is equipped to perform the work for which <br />a license is requested in accordance with all State laws, Municipal <br />ordinances and the Building Code. <br /> <br />Subd. 4. Application And Fees: Application for licenses shall be filed with the <br />Clerk-Administrator on the forms furnished by the Municipality. The annual <br />fee for each license shall be as established by resolution, as amended from <br />time to time, by the City Council. <br /> <br />Subd. 5. General Contractors: A license granted to a general contractor shall <br />include the right to perform all of the work included in the general contract. <br />Such license shall include any or all of the persons performing the work <br />under the general contract, providing that each person performing such work <br />is in the regular employ of such general contractor and qualified under State <br />law and the provisions of this Code to perform such work. In these cases, <br />the general contractor shall be responsible for all of the work so performed. <br />Subcontractors, who are persons not in the regular employ of a general <br />contractor, shall be required to comply with the Sections of this Code <br />pertaining to license and insurance qualifications for the subcontractor's <br />particular type of work. <br /> <br />Subd. 6. Insurance: Any person holding a license shall file with the Clerk- <br />Administrator policies of public liability and property damage insurance <br />which shall remain and be in force and effect during the entire term of said <br />license and which shall contain a provision that they shall not be cancelled <br />without ten (10) days' written notice to the Municipality. Public liability <br />insurance should not be less than one hundred thousand dollars <br />($100,000.00) for injuries, including accidental death to any one (1) person, <br />in an amount of not less than three hundred thousand dollars ($300,000.00) <br />on account of any one (1) accident, and property damage insurance in the <br />amount of not less than fifty thousand dollars ($50,000.00). <br /> <br />Subd. 7. Expiration And Renewal: All licenses shall expire on December 31 <br />following the date of issuance unless sooner revoked or forfeited. If a <br />license granted hereunder is not renewed previous to its expiration, then all <br />rights granted by such license shall cease, and any work performed after the <br />expiration of the license shall be in violation of this Code. Persons renewing <br />their licenses after the expiration date shall be charged a full annual license <br />fee. No prorated license fees shall be allowed for renewals. (Ord. 628, 6- <br />28-99) <br /> <br />Subd. 8. Revocation Or Suspension: <br /> <br /> a. Authority Of Council: The Council shall have the power to suspend or <br />revoke the license of any person licensed under the regulations of this Code