Before the issuance of a certificate of public convenience and necessity, the applicant shall file with the City Clerk policies of insurance, or certificates evidencing issuance of policies, issued by an insurance company authorized to do business in the state in a form acceptable to the City Administrator, evidencing insurance coverage in amounts fixed by the City Administrator providing for general liability, automobile liability, and professional malpractice liability. Such insurance policy shall be maintained as long as the certificate of public convenience and necessity is in force. The City shall be named as additional insured on all policies and all such policies shall contain an endorsement requiring 30 days written notice to the City Clerk before cancellation, modification, or reduction of the limits of the policy by the insurer.
('61 Code, § 4-7.09) (Ord. 144, C.S., passed 3-18-70; Am. Ord. 402 C.S., passed 1-20-83; Am. Ord. 414 C.S., passed 8-1-83; Am. Ord. 463, C.S., passed 7-7-86)