Sec. 22-177. - Insurance; type and amount required.
(a) Before placing any structures, stands, tables, booths, supports and objects upon the public sidewalks and other public places of the city, the applicant shall effect and, during all periods of time during which the structures, stands, tables, booths, supports and objects shall be maintained upon the sidewalks and other public places of the city, shall maintain in force, in companies satisfactory to the city, the following types and amounts of insurance, all such insurance to be in insurance companies duly authorized to do business in the state:
(1) Public liability and property damage insurance covering claims for damages for bodily injury, including accidental death, as well as claims for property damage, the liability insurance to be in an amount not less than one hundred thousand dollars ($100,000.00) for injuries, including accidental death, to any one (1) person, and subject to the same limitations for each person, in an amount not less than three hundred thousand dollars ($300,000.00) for any one (1) accident, and property damage insurance in an amount not less than ten thousand dollars ($10,000.00) for any one (1) accident and in an aggregate amount not less than twenty-five thousand dollars ($25,000.00).
(2) An owner's protective public liability and property damage policy or the equivalent thereof of like amounts as specified in subsection (a)(1) above to protect the city against claims for damages for bodily injury, including accidental death, as well as claims for property damage.
(b) All such insurance policies shall be issued as required by law and shall be endorsed so as to provide that the insurance company shall notify the city if the policies are to be terminated or any changes made therein during the life of the permit which will affect in any way the insurance requirements. As evidence of the carriage of such insurance, the applicant for the permit shall furnish the official a certificate of such public liability and property damage insurance and shall also, if required, furnish to the official a receipted bill evidencing payment of the premiums on the policies. Failure to maintain such insurance at all times shall be grounds for the revocation forthwith of any permit issued hereunder.
(Ord. No. 89-244, § 2(34-157), 9-28-89)