Laserfiche WebLink
Public Parking Facility <br />(e) - Ope- n--- a- r- k-!*(_t - bteense -Fee:- <br />public parkin 4' c�ilQA one Dollar, ($1.00) for each parking space contained <br />n mot shall be paid for each license issued under this <br />section for an - opeir- pe- r -i-ng -lat.- a public parking facility. <br />(f) Bond or Property Liability Insurance. <br />P.ublio ( ). No license shall be issued pursuant to this section and <br />i n r Z g1-ot shall be operated until and unless the licensee <br />under this section has deposited with the Board a bond or property <br />liability insurance policy in the amount scheduled in this Section. <br />The bond or insurance policy shall be with one (1) or more adequate <br />sureties or a surety company acceptable tothe Board and conditioned <br />that the licensee will pay all final judgments rendered against him <br />for damages arising during the period such bond or insurance policy <br />is in force fromthe operation of the motor vehicle in such- open -- <br />parkiaq-bat -,f or from loss, damage, theft or conversion of any motor <br />vehicle. public parking facility <br />(2) Any person who sustains damage by reason of the <br />violation of any provision of such bond or insurance by an licensee <br />may institute suit upon the smae and recover any judgment that may <br />be obtained by reason of such suit. <br />(3) The bond or insurance policy shall meet the following <br />requirements: <br />a. It shall contain a provision that it shall continue <br />in force until ten (10) days after written notice of <br />cancellation has been delivered to the Board of Public <br />Works or until the license of the applicant has been revoked; <br />b. The obligation of the bond or insurance policy shall <br />not exceed the principal amount of the bond; <br />C. The bond or insurance policy shall be in the <br />following amounts: <br />1. Where the licensee conducts one (1) lot, Ten <br />Thousand Dollars ($10,000.00). <br />2. where the licensee conducts two (2) lots, Fifteen <br />Thousand Dollars ($15,000.00). <br />3. Where the licensee conducts three (3) lots, the <br />sum of Twenty Thousand Dollars ($20,000.00). <br />4. Where the licensee conducts four (4) or more lots, <br />the sum of Twenty -Five Thousand Dollars ($25,000.00). <br />(g) Investigation of Applicants; Issuance of License. <br />(1) If, after investigation, the Board of Public Works <br />determines that the applicant for a license meets the requirements <br />of the section, the Board shall report the same to the Controller. <br />public parking f r($kry he Controller shall issue to the applicant a license <br />for /am =agem= _parking =lot upon payment of the proper fee. <br />(h) Claim Checks or Tags. <br />(1) At the,�ime f, egt�pq;� motor <br />or parking in any- og� =g -as } �e p rson <br />his agent, servant or employee shall furnish to <br />his motor vehicle a distinctive check. <br />-22- <br />vehicle for storage <br />conducting the lot or <br />the person parking <br />