Before a permit is issued, the applicant shall deliver to the Chief of Police evidence of insurance issued by an insurance company licensed to do business in the State of California which covers all legal claims for damages to persons or property resulting from the operation of the automobile or automobiles referred to in the application. The insurance shall include commercial general liability and business automobile liability coverage with combined single limits of at least $1,000,000 each, or such limits as may be established from time to time by resolution of the City Council. The insurance shall remain in full force and effect during the life of the permit. The insurance shall be approved by the Chief of Police.
(`78 Code, § 5.50.120.) (Ord. 2352 § 5, 1998.)