Each applicant shall, in his or her application, agree as follows:
(A) To indemnify the city for any and all liability arising out of the installation, operation, or maintenance of the cable antenna television system;
(B) To indemnify the city against all expenses incurred by the city in defending itself in the event that any claims are made against the city or litigation results therefrom;
(C) To maintain, throughout the term of its contract, liability insurance insuring the city and the company with regard to all damages for which the city and/or the company may be liable, including but not limited to damages arising from the installation, operation, maintenance, or removal of the company’s CATV system, whether or not any act or omission complained of is authorized, allowed, or prohibited by the contract provided for herein. The liability insurance referred to in this section shall be in the following amounts:
(1) Five hundred thousand dollars for bodily injury or death to any one person, with a limit of $1,000,000 for bodily injury or death resulting from any one accident;
(2) Five hundred thousand dollars for property damage resulting from any one accident; and
(3) Five hundred thousand dollars for all other types of liability.
(D) To furnish the city a bond for the faithful performance of its obligations under such contract, if awarded under this subchapter in an amount to be set by the City Council.
(1990 Code, § 25.007) (Ord. 60, passed 8-14-1984)