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08-08-11 Council Agenda & Packet
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08-08-11 Council Agenda & Packet
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8/4/2011 11:38:59 AM
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City Council - City Clerk
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b. The number of taxicabs authorized under <br /> such certificate . <br /> c . - The date of issuance . <br /> (2) If a company does not qualify for a license under the <br /> terms of this section, the application shall be denied. The <br /> applicant may then request a hearing pursuant to section 4- <br /> 16 . <br /> (ii) -5� Liability .insurance required; contents: <br /> (1) No company license may be issued, or continued in <br /> operation, unless there is on file in the office of the <br /> Controller, and in force and effect a current policy of <br /> insurance covering each vehicle to be operated as a taxicab <br /> in an amount of not less than fifty thousand dollars <br /> ($50, 000 . 00) for injury to or destruction of property as a <br /> result of any one (1) occurrence and a public liability <br /> policy covering accidental bodily injury, including death, <br /> to any member of the public in an amount of not less than <br /> three hundred thousand dollars ($300, 000 . 00) for all public <br /> liability from any one (1) occurrence. The policy of <br /> insurance shall also provide for uninsured and under insured <br /> coverage in an amount of not less than 1.00 000 . 00 . The <br /> policy ofinsurance shall also include medical benefits in <br /> an amount of not less than $50 , 000 . 00 . The policy shall be <br /> updated annually and be on file with the office of the <br /> Controller before any issuance or renewal of a company <br /> license . <br /> (2) The policy of insurance shall insure the owner and <br /> agent against liability for the payment of any final <br /> judgment, less any deductible amounts, or retained limits <br /> not in excess of one thousand dollars ($1, 000 . 00) that may <br /> be rendered against the owner or agent for injury or damages <br /> to the property or person of others, or for damage for the <br /> wrongful death of others, resulting from any accident or <br /> collision for which the owner or agent will be liable on <br /> account of any act of negligence in the operation of the <br /> taxicab, or which may arise or result from any violation of <br /> any of the provisions of this article or the .laws of the <br /> 28 <br />
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