The city manager shall not issue any permit pursuant to this chapter until a certificate of insurance, or copies of policies of insurance, or other evidence of insurance coverage satisfactory to the city manager has been supplied to the director of finance evidencing the following:
A. General liability insurance coverage, personal injury or property damage arising directly or indirectly from the activity for which the permit is issued with a limit of at least one million dollars ($1,000,000) per occurrence naming the city as additional insured, providing that there shall be no contributions by, or subrogation rights against the city, its officers and employees, and that such insurance may not be cancelled without ten (10) days written notice to the city manager.
B. Satisfactory insurance or evidence of permission to self-insure in full compliance with Workers' Compensation Law of California. (Prior code § 69.01.108)