(A) Within 45 days after the effective date of the franchise agreement, grantee shall file with the City Clerk, and shall thereafter during the entire term of such franchise, maintain in full force and effect, at its own expense, a general comprehensive liability insurance policy or policies which shall insure grantee and provide primary coverage for the city, its officers, boards, commissions, agents and employees, against liability for loss or liability for personal injury, death, property damage (both automobile and nonautomobile cause), premises operations, explosion and collapse hazard, underground hazards, or other damages. Such policy or policies shall include insurance against damages from, and any failure by grantee to secure consents, occasioned by any activity or operation of grantee under such franchise, and regardless of any claimed or actual activities of the city, its officers, boards, commissions, agents and employees. Grantee shall also provide a standard broadcaster's liability policy. Each such policy shall contain the standard cross-liability endorsement, shall be issued by a company approved by the city Risk Manager and shall be in a form approved by the City Attorney, with minimum combined single limits of liability coverage or the equivalent thereof in the amount of not less than $5,000,000, or such other amount if expressly stated in the franchise agreement.
(B) The policy or policies shall name the city, its officers, boards, commissions, agents and employees as additional insured (except broadcaster's liability coverage) at no cost to the city, and shall contain a provision that a written notice of any cancellation, modification or reduction in coverage of said policy shall be delivered to the City Clerk 30 days in advance of the effective date thereof. Grantee shall also provide worker's compensation coverage consistent with California statutory requirements.
(Ord. 4315, passed 11-12-96)