Whenever insurance is required by a section of this chapter, after approval by the Council, but before the license shall be issued, the applicant shall file with the City Clerk a policy or certificate of public liability insurance showing: that the limits are at least as high as required; that coverage is effective for at least the license term approved; and that the insurance will not be cancelled or terminated without 30-days’ written notice served upon the City Clerk. Cancellation or termination of the coverage shall be grounds for license revocation.
(2003 Code, § 6.10)