(a) An applicant shall provide a policy of liability insurance where the special event involves more than 50 persons or vehicles, naming the town as an insured in an amount to be determined by the Town Manager and in the case of parades, shall cover the assembly area in addition to the parade route. If vehicles are to be used in the parade, proof of vehicle liability insurance must be provided by the owners of such vehicles.
(b) The applicant shall be required to hold the town and its of officials, employees and agents harmless from any damages to property or injuries (including death) to any person that may occur arising directly or indirectly from the activity for which the permit is being issued.
(1) The following coverage shall be in effect: Public Liability, $300,000 per person and $1,000,000 per accident; Property Damage, $200,000 per any one claim. If motor vehicles are to be used coverage in the foregoing limits shall be included. The foregoing coverage shall not exclude and shall specifically include coverage for violation of any civil rights actions brought pursuant to 42 U.S.C. Section 1983. The insurance carrier with whom the insurance is placed shall be reasonably acceptable to the Town, licensed by the State of Florida to carry on insurance activities as set forth in this chapter, and rated as “A+” or better by Best's Rating Guide. The town shall be named as loss payee in any policy set forth in this division. The policy shall include a noncancellation clause, unless at least 30 days notice is first extended to the town and in the event of cancellation.
(2) A Certificate of Insurance shall be filed and maintained with the town by the insurance carrier showing such insurance to be in force at all times. Said certificate shall be presented to the town before the actual permit is issued.
(c) The Town Commission may waive, in part or in whole, the requirements of insurance; provided, that other acceptable and adequate forms of indemnification or insurance are provided.
(Ord. 87-18, passed 12-8-87)