(A) Whenever insurance is required by a chapter of this title, after approval by the Council, but before the license shall issue, the applicant shall file with the City Administrator a policy or certificate of public liability insurance showing:
(1) The limits are at least as high as required;
(2) The coverage is effective for at least the license term approved; and
(3) The insurance will not be canceled or terminated without 30 days' written notice served upon the City Administrator.
(B) Cancellation or termination of the coverage shall be grounds for license revocation.
(Prior Code, § 6.10) (Ord. 40, effective 12-23-1983)