11.07   INSURANCE REQUIRED.
1.   Proof of general liability insurance in the amount of at least $500,000 per occurrence /$1M aggregate and $500,000 for property damage. A certificate of insurance naming the City of Ankeny as a "Certificate Holder" shall be delivered to the City Clerk's Office prior to the issuance of a special events permit.
2.   The applicant must also sign a hold harmless and indemnification agreement with the City in which the applicant holds the City harmless and indemnifies the City for any negligent, reckless, or intentional act attributable to the applicant or the applicant's officials, employees, agents, or volunteers.