Ordinance 843 - Laserfiche WebLink

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subdivision 4 or by an insurer reco nized as an eli ible sur s lus line carrier ursuant to Minnesota Statutes Section 60A.206 or pool providing coverage of at least: a-1. Fifty thousand dollars ($50,000.00) for bodily injury to any one (1) person in any one (1) occurrence and subject to the limit of one (1) person,; 2. in the amount of eOne hundred thousand dollars ($100,000.00) for bodily injury to two (2) or more persons in any one (1) occurrence; 1 and in the amount of tTen thousand dollars ($10,000.00) for injury to or destruction of property of others in any one (1) occurrence:; b 4. Fifty thousand dollars ($50,000.00) for loss of means of support of any one (1) person in any one (1) occurrence and, subject to the limit for one (1) person„ and 5. eOne hundred thousand ($100,000.00) for loss 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 (a) above; or c. Commissioner of Management and Budget Certificate. A certificate of the State Commissioner of Management and Budget that the licensee has deposited with the Commissioner of Management and Bud. et '.100 000 in cash or securities which ma legally be purchased by savings banks or for trust funds having a market value of $100,000. e Subd. 2. Temporary On -Sale 32 Percent Malt Liquor License. Temporary liccnsc for a result of the sale or dispensing of non intoxicating malt liquor or intoxicating liquor under a temporary liccnsc issued under Section 503.03, subdivision 3 for events on City owned limits arc required: A certificate of insurance, bond or certificate from the Commissioner of Management and Bud! as set forth in Su. division 1 are re. uired for tem ora on- ale 3.2 percent malt liquor licenses. The insurance policy or bond must have the following coverage: One hundred thousand dollars ($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 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 ($300,000.00) annual aggregate. On any policy or pool providing coverage hereunder, If the event is to be held on City property, the City shall be named as an additional insured; and Tthe license holder shall agree to hold the City harmless and agr-eeto indemnify and defend the City for acts of the license holder. (Ord. 591, 10- 29 -96) Page 25