Ordinance 843 - Laserfiche WebLink

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(5) eOne hundred thousand dollars ($100,000.00) for loss of means of support of two (2) or more persons in any one (1) occurrence. b. Bond: A bond of a surety company with minimum coverages as provided in subdivision 1 Ca) f above:; or c. Securities Commissioner of Mana ement and Bud. et Certificate: A certificate of the State Treasurer Commissioner of Management and Budget that the licensee has deposited with the State Treasurer Commissioner of Management and Budget one hundred thousand dollars ($100,000.00) in cash or securities which may legally be purchased by savings banks or for trust funds having a market value of one hundred thousand dollars ($100,000.00). c. Temporary License for Event on City owned prcmiscs lo d Subd. 2. Approval by Council: The proof of financial responsibility shall be approved by the Council and, when required, by the Commissioner of Public Safety. The Municipal _e& Attorney shall approve the form of the financial responsibility. or intoxicating liquor under a temporary license issued under Section 502.03, subdivisions 6 and 7 for events on City owned prcmiscs located at 5394 Edgcwood Drive and 8290 Coral Page 10 ($100,000.00) bodily injury each person; two hundred thousand dollars ($200,000.00) each common cause; one hundred thousand dollars 100,000.00) property damage each common ($300,000.00) annual aggregate. On any policy or insurance pool providing coverage hereunder the City, shall be named as an additional insured. The liccnsc holder under this paragraph shall hold the City harmless and agree to indemnity the City for acts of the license holder. (Ord 591, 10 29 96) Subd. 3. A certificate of insurance, bond or certificate from the Commissioner of Management and Budget as set forth in Subdivision 1 are required for temporary on- sale intoxicatin li• uor licenses. The ins rance olic or bone must have th following covera' e: one hundred thous. d dollars ',100 000.00 bodil in'u each person; two hundred thousand dollars ($200,000 00) each common cause; one hundred thousand dollars ($100010.00 .ro.ert_ damage each common cause• one hundred thousand dollars ($100,000.00) loss of means of support; two hundred thousand dollars ($200,000.00) each common cause; and three hundred thousand dollars ($300000.00 annual a! 're ate. If the event is to b- h-ld on i .ro.e the City shall be named as an additional insured and the license holder shall agree to hold the City harmless and indemnify and defend the City for acts of the license holder.