§ 18-30. Insurance as prerequisite.

(a)

In addition to the bond required in section 18-29 of this article, a permittee under this article shall carry a policy or policies of standard comprehensive public liability insurance, including contractual liability covering bodily injuries and property damage, naming the permittee and the city, and an insurance company authorized to do business within the state. Such policy or policies in the aggregate shall provide for the following minimum coverages:

(1)

Bodily injuries: One hundred thousand dollars ($100,000.00) per person; three hundred thousand dollars ($300,000.00) one (1) accident.

(2)

Property damage: One hundred thousand dollars ($100,000.00).

(b)

The permittee shall file with the city administrator along with the application a certificate of insurance as above stated. The insurance policy or policies shall not be cancelled without written notice to the city administrator at least ten (10) days prior to the effective date of such cancellation. If such insurance policy or policies are cancelled, the permit granted under such policy shall cease until permittee files additional insurance as provided herein.

(Ord. No. 8204, § 7, 4-6-82)