729.04  INSURANCE.
   (a)    The grantee shall indemnify and save harmless the City, its officers and employees from and against any and all injury, loss, damage, costs, expenses, claims, attorneys' fees, demands, actions, suits, judgments or other proceedings, or liability, including but not limited to any liability for inverse condemnation or for failure to secure consents for programs delivered by the grantee's CATV system, arising out of or in any way connected with the grant, exercise or enjoyment of grantee's franchise, and regardless of any negligence or other acts or omissions on the part of the City, its officers and employees.
   (b)    The grantee shall, at all times during the existence of any franchise granted hereunder, maintain in full force and effect, at its own cost and expense, a general comprehensive liability insurance policy protecting the City and all persons against liability for loss or damage for personal injury, death and property damage, occasioned by the operations of grantee under this chapter and any franchise granted hereunder, with minimum liability limits of:
(1)    Five hundred thousand dollars ($500,000) for personal injury or death of any one person;
(2)    One million dollars ($1,000,000) for personal injury or death of two or more persons in any one occurrence; and
(3)    One hundred thousand dollars ($100,000) for damage to property resulting from any one occurrence.
   The grantee, shall, concurrently with the filing of an acceptance of award of franchise granted under this chapter, file with the City either a copy of such policy or a certificate of insurance evidencing the same in a form satisfactory to the Director of Law. Such policy of insurance, and any certificate evidencing the same, shall name the City, its officers and employees as additional insured, and shall also provide that thirty days prior written notice of intention not to renew, cancellation or material change, shall be given to the City.
(Ord. 1980-88. Passed 4-15-80.)