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Any permit granted shall be subject to the obligation of the grantee of the permit to procure and furnish satisfactory evidence that the grantee has procured and is keeping in full force and effect a policy of liability insurance providing the grantee and the City with indemnification against any claim, demand, law suit or judgment arising out of any exercise of the privilege granted by such permit, and providing for the defense on behalf of the City against any such claim, demand, law suit or judgment. The requirements of this section may be waived when, in the opinion of the Manager, the nature of the undertaking does not require it.
(Ord. 13-59. Passed 9-1-59.)