The insurance policy required by Section 8.28.060G shall insure the applicant, the owner of the site and the county, its agents, officers and employees against all liability incurred by any or all of them to any person, which liability arises pursuant to the agreement required by Section 8.28.060G, or arising from the conduct of the applicant. Such policy of insurance shall provide the following limits of liability: fifty thousand dollars of liability for property damage, and three hundred thousand dollars of liability for personal injury. The cash deposit required by Section 8.28.060G shall be for the benefit of the county, its agents, officers and employees, and all persons to whom the applicant or the owner of the site may become liable because of the agreement required by Section 8.28.060G or arising from the conduct of the applicant.
(Prior code § 23.32.020(G))