(A) Generally. The City Council upon receiving such application, if presented in due form, shall pass upon the same at its next regular meeting or any adjournment thereof, and, if satisfied that such applicant possesses the qualifications herein prescribed and said premises conform to the requirements hereof, shall grant license to the applicant for the particular premises. All such licenses shall be in a form as the City Council may prescribe and shall contain the name, address, place of business, and the date of expiration of said license and shall be authenticated by the signature of the City Clerk Treasurer.
(B) Insurance policy required.
(1) No license shall be issued until the applicant therefor shall obtain and file with the city a policy of liability insurance issued by a responsible insurance company authorized to do business in this state providing insurance coverage insuring the applicant against liability for personal injury or injuries to persons while upon the premises for which a license is applied for. Such policy of insurance shall:
(a) Be in the minimum amount of $300,000 for injury to, or death of, one person, and $1,000,000 for injury to, or death of, more than one person resulting from a single accident;
(b) Provide for continuing liability thereunder to the full amount thereof, notwithstanding any recovery thereon, and that the insolvency or bankruptcy of the insured shall not release the company; and
(c) Provide that it shall not be canceled, surrendered, or revoked by either party except after ten days’ written notice to the city furnished by the insurance company issuing the policy.
(2) The cancellation, surrender, or other termination of any insurance policy issued and filed with the city in compliance with this section shall automatically terminate the license covered by such insurance policy unless another policy complying with this section shall be in effect and deposited with the city prior to the time of such cancellation or termination.
(3) No person shall operate, or cause or permit to be operated, any recreational facility in the city without having fully complied with the terms of this section.
(C) Issuance of licenses. Licenses granted by the City Council shall be promptly issued by the City Clerk Treasurer, with the exception that licenses for temporary carnivals granted by City Council contingent upon the approval of any city department shall be issued only upon receipt by the City Clerk Treasurer of such approval. No license shall be issued until the city receives the liability insurance policy, as provided in division (B) above, and the approval by the City Attorney that said policy complies with the terms of this subchapter.
(D) Expiration of license. All licenses issued hereunder shall expire on December 31 at 12:00 midnight, for the year of issuance thereof, with the exception that any license for a temporary carnival shall expire at a time determined by the City Council at the time of the granting of the license. The expiration date of each license shall be indicated on the face thereof.
(1990 Code, § 10.007) (Ord. 73, passed 7-10-1990) Penalty, see § 110.99