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DRAFT <br />4.16.2010 <br /> <br /> <br />Page 25 <br />subdivision 4 or by an insurer recognized as an eligible surplus line carrier pursuant to <br />Minnesota Statutes Section 60A.206 or pool providing coverage of at least: <br /> <br /> a 1. Fifty thousand dollars ($50,000.00) for bodily injury to any one (1) person in any <br />one (1) occurrence and subject to the limit of one (1) person,; <br /> <br /> 2. in the amount of oOne hundred thousand dollars ($100,000.00) for bodily injury to <br />two (2) or more persons in any one (1) occurrence; <br /> <br /> 3. and in the amount of tTen thousand dollars ($10,000.00) for injury to or destruction <br />of property of others in any one (1) occurrence.; <br /> <br /> b 4. Fifty thousand dollars ($50,000.00) for loss of means of support of any one (1) <br />person in any one (1) occurrence and, subject to the limit for one (1) person,; and <br /> <br /> 5. oOne hundred thousand ($100,000.00) for loss of support of two (2) or more <br />persons in any one (1) occurrence. <br /> <br /> b. Bond: A bond of a surety company with minimum coverages as provided in <br />Subdivision 1 (a) above; or <br /> <br /> c. Commissioner of Management and Budget Certificate. A certificate of the State <br />Commissioner of Management and Budget that the licensee has deposited with the <br />Commissioner of Management and Budget $100,000 in cash or securities which may <br />legally be purchased by savings banks or for trust funds having a market value of <br />$100,000. <br /> <br />c. Subd. 2. Temporary On-Sale 3.2 Percent Malt Liquor License. Temporary license for <br />event on City owned premises located at 5394 Edgewood Drive and 8290 Coral Sea Street. As <br />a result of the sale or dispensing of non-intoxicating malt liquor or intoxicating liquor under a <br />temporary license issued under Section 503.03, subdivision 3 for events on City owned <br />property located at 5394 Edgewood Drive and 8290 Coral Sea Street the following insurance <br />limits are required: A certificate of insurance, bond or certificate from the Commissioner of <br />Management and Budget as set forth in Subdivision 1 are required for temporary on-sale 3.2 <br />percent malt liquor licenses. The insurance policy or bond must have the following coverage: <br />Oone hundred thousand dollars ($100,000.00) bodily injury each person; two hundred <br />thousand dollars ($200,000.00) each common cause; one hundred thousand dollars <br />($100,000.00) property damage each common cause; one hundred thousand dollars <br />($100,000.00) loss of means of support; two hundred thousand dollars ($200,000.00) each <br />common cause; and three hundred thousand dollars ($300,000.00) annual aggregate. On any <br />policy or pool providing coverage hereunder, If the event is to be held on City property, the <br />City shall be named as an additional insured. and Tthe license holder under this paragraph <br />shall agree to hold the City harmless and agree to indemnify and defend the City for acts of the <br />license holder. (Ord. 591, 10-29-96) <br />