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Each person installing or maintaining a newsrack under this Article shall furnish to the City a certificate showing that such person has then in force a policy or policies of public liability and property damage insurance, naming the City as an additional insured, in an amount not less than $100,000 minimum liability combined single limit (bodily injury and property damage) per person and per occurrence. Each such person shall provide and keep in force such policy or policies of public liability insurance during such time as he or she continues to place or maintain any newsrack under the terms of this Article. The evidence of insurance filed with the City shall include a statement by the insurance carrier that such carrier will give the City 30 days' notice before cancelling such insurance.
(Added by Ord. 359-85, App. 7/24/85)