(A) Liability insurance written by a good and solvent insurance carrier shall at all times be provided by the franchisee for the protection of the city and city officials, and to warrant the repair of any city infrastructure damaged by the franchisee in the performance of the franchise rights.
(B) The conditions and coverages for said liability insurance shall be as required by the solicitation for proposals.
(C) In the event any franchisee is unable for any cause to maintain performance of the franchise in the judgment of the city or fails to make necessary repairs to city infrastructure damaged by the franchisee or in any other manner fails to meet its obligations, the city shall have the right to terminate the franchise. However, such action shall not release the franchisee from its liability to the city for breach of the franchise agreement.
(Ord. 2002-2, passed 2-18-02)