The President and Board of Trustees may, in their discretion, authorize a permit to issue for the erection of signboards or billboards on the street line, not exceeding the height of 15 feet, where the same will afford protection from excavated ground, holes, abandoned cellars or unsightly or dangerous conditions, on condition that the person erecting such billboard shall give a bond to the Village in such penal sum as the President and Board of Trustees may fix, with sureties to be approved by the President and Board of Trustees, conditioned to save the Village harmless from all liability from damages or accidents to persons or property occasioned by or resulting from the erection of such billboards on the street line.
The President and Board of Trustees may, in their discretion, authorize a permit to issue for the erection of public transit shelters, on the street line, parkway or sidewalk, which shelters may have space for the display of advertising material; provided that such shelter shall not exceed 9 1/2 feet in height, the party erecting same shall give, as the Village may elect, a bond or evidence of insurance, which insurance shall name the Village as additionally insured, to the Village in such sums as the President and Board of Trustees may fix, with sureties to be approved by the President and Board of Trustees to save the Village harmless from all liability for damages or accidents to persons or property occasioned by or resulting from the erection and maintenance of such transit shelter and the property owner abutting the proposed location of such shelter shall not subject to same.