(A) No license or permit may be issued, maintained, or renewed unless the applicant or licensee demonstrates proof of financial responsibility as defined in M.S. § 340A.409, as it may be amended from time to time, with regard to liability under M.S. § 340A.801, as it may be amended from time to time.
(B) All applications for initial and renewal licenses shall be accompanied by proof of any statutorily required surety bond, workers compensation, and liability insurance.
(C) The city shall be named as an additional insured on all policies, and all policies must provide that they will not be cancelled or suspended without 30 days’ prior written notice being provided to the city. Failure to maintain the required insurance shall immediately cause any issued license or permit to be suspended without further action of the city. Alcoholic beverages may not be sold or provided at any time the statutorily required insurance is not valid.
(Ord. 281, passed 6-5-2018)