Whenever an insurance certificate is required by this chapter the applicant shall file with the City Administrator/Clerk-Treasurer a certificate of insurance showing that the limits are at least as high as required; that coverage is effective for at least the license term approved; and that the insurance will not be canceled or terminated without 30 days’ written notice served upon the City Administrator/Clerk-Treasurer. Cancellation or termination of the coverage shall be grounds for license revocation.
(1989 Code, § 5.13)