(A) No license shall be issued hereunder to an operator unless a certificate is furnished to the city showing that the operator is carrying the following minimum amounts of insurance: public liability insurance, including automobile liability insurance, in the amount of not less than $500,000 for personal injury, death or property damage resulting from any one occurrence, combined single limit.
(B) A certificate naming the city as an additional insured shall contain an acknowledgment signed by the insurer that prior to modification, cancellation or termination of the subject policy, written notice shall be sent to the City Administrator by said insurance company.
(1992 Code, § 406:03) (Ord. 1446, passed 9-15-2009)