No license shall be issued to an applicant who desires to sell any food, beverages, goods, and/or merchandise unless the applicant furnishes proof of an insurance policy, issued by an insurance company licensed to do business in the State, protecting the licensee and the City from all claims for damages to property and bodily injury, including death, which may arise from operations under or in connection with the license, in an amount of not less than one million dollars ($ 1,000,000). Such insurance shall name as additional insured the City and shall provide that the policy shall not terminate or be canceled prior to the expiration date without thirty (30) days advance written notice to the City. (Ord. 22-077. Passed 4-25-22.)