(A) The permittee under this subchapter shall take out and maintain during all operations within the city such public liability and property damage insurance as shall protect such permittee from any claim for damages for personal injury, including death, as well as from claims for property damage which may arise from such permittee's or any subcontractor's operations within the city, whether such operations be by such permittee or by any subcontractor, or by anyone directly or indirectly employed by either the permittee or any subcontractor, and the amounts of such insurance shall be as follows:
Public liability insurance, per person | not less than $100,000 |
Bodily injury and deaths, per occurrence | $300,000 |
Property damage | $50,000 |
(B) The permittee under this subchapter shall deposit with the city, prior to issuance of the permit, certificates evidencing the required insurance. Such certificates shall be so endorsed as to require the giving of 30 days written notice to the city prior to cancellation or revision of the insurance coverage evidenced thereby.
('64 Code, § 5-11.1) (Ord. 418, passed 4-13-72) Penalty, see § 10.97