Within thirty (30) days after written notification of the award of a license by the city, the licensee shall file with the city manager and maintain in full force and effect throughout the term of the license agreement insurance policies issued by an insurer duly authorized to conduct business in the state, insuring with respect to the installation, construction, operation and maintenance of the system as follows:
(1) Comprehensive general and automobile liability coverage including, but not limited to: (a) blanket contractual liability; (b) completed operations liability; (c) broad form property damage endorsement, including but not limited to coverage for explosion, collapse and underground hazard; and (d) automobile non-ownership liability. This insurance shall be written in the following minimum amounts:
(a) For bodily injury, including death: Five hundred thousand dollars ($500,000.00) combined single limit;
(b) Property damage: Five hundred thousand dollars ($500,000.00) combined single limit;
(c) Comprehensive automobile liability; bodily injury: Five hundred thousand dollars ($500,000.00) combined single limit;
(d) Excess umbrella liability in the minimum amount of five million dollars ($5,000,000.00).
(2) Workers' compensation coverage as required by the laws, rules and regulations of the state.
(3) All insurance policies required herein shall include the city as an additional insured.
(4) With respect to the insurance required herein, the licensee shall be solely responsible for all premiums due and payable.
(5) The insurance policies required by this section shall contain the following endorsement, or substantially similar language approved by the city attorney:
It is hereby understood and agreed that this policy of insurance may not be canceled by the insurer nor the intention not to renew be stated by the insurer until sixty (60) days after receipt by the City of Tucson, by registered mail, of written notice of such intent to cancel or not to renew.
(6) It is each licensee's responsibility to ensure that every insurance policy conforms to the city's requirements. Each licensee must provide a standard insurance certificate or other adequate proof required by the city attorney, updated whenever there is a change in the policy or insurer, showing that the policies conform to all the requirements herein, without condition or exception. No licensee may initiate or begin construction until such proof has been provided.
(Ord. No. 8937, § 2, 9-2-97)