§ 14-9-40. INSURANCE.

(A)

An operator who installs or maintains a newsrack or engages in direct sales must obtain a public liability and property damage insurance policy, naming the City as an additional insured, in an amount not less than $100,000 minimum liability combined single limit (bodily injury and property damage) per person and per occurrence.

(B)

The insurance policy must include a provision requiring the insurance carrier to provide the director with notice of cancellation not later than the 30th day before the policy is cancelled.

(C)

The director may remove a newsrack if the operator fails to maintain insurance as prescribed by this section.

Source: 1992 Code Sections 8-10-7(D) and 8-10-9; Ord. 031204-12; Ord. 031211-11.