Sec. 7. Limitation of liability for damages.
   Before the city shall be liable for damages for personal injuries of any kind, or for damages to or destruction of property of any kind, the person injured, or the owner of the property damaged or destroyed, or someone in his/her behalf, shall give the chief executive officer notice in writing of such injury or destruction, duly verified, within sixty (60) days after the injury or damage occurs, the amount for which claimant will settle, the actual residence of the claimant by street and number and the actual residence of such claimant for six (6) months immediately preceding the occurrence of such injury or destruction, and the names and addresses of the witnesses upon whom the claimant relies to establish his/her claim. Failure to notify the chief executive officer within the time and manner specified herein shall exonerate, excuse and exempt the city from any liability whatsoever.