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SECTION 14. The City Council of the City of Mounds View hereby amends Title 500, Chapter <br />507, Section 507.04 of the Mounds View Municipal Code by adding the double -underlined <br />material and deleting the strieken material as follows: <br />507.04: LICENSE FEES; EXPIRATION: <br />Subd. 1. Fee and Expiration: The fee for every such license shall be established by resolution <br />of the City Council. Every such license shall expire on Deeembep-3-1June 30 next after its <br />issuance. License fees paid to renew an expired license shall be paid on or before December <br />31 of the year preceding the effective year. Any annual fee paid later than ten (10) working <br />days after Deeember June 30 shall be subject to an additional administrative service <br />charge of ten percent (10%) of the renewal fee. <br />Subd. 2. Refund Upon Denial: If the Council denies the application for license, one-half <br />(1/2) of the license fee shall be refunded to the applicant. <br />SECTION 15. The City Council of the City of Mounds View hereby amends Title 500, Chapter <br />508, Section 508.05, Subdivision 1 of the Mounds View Municipal Code by adding the double - <br />underlined material and deleting the str-ieke material as follows: <br />Subd. 1. Liability Insurance Requirements: The licensee shall obtain and keep in full force <br />and effect proper insurance coverage te pfeteet the Mianieipal"" and said licensee against <br />any liability for personal injury or property damage sustained by any persons as a result of <br />the operation of said amusement rides, carnival or circus. Said insurance coverage shall <br />provide protection against liability up to a sum of at least one Irandred thousandmillion <br />dollars ($1.000,000.00) per property damage and in the amount of not less than enetwo <br />million dollars ($4-2,000,000.00) per occurrence, insuring the operator against liability for <br />injury to persons arising out of the use of an amusement ride. <br />SECTION 16. The City Council of the City of Mounds View hereby amends Title 500, Chapter <br />508, Section 508.07 of the Mounds View Municipal Code by adding the double -underlined <br />material and deleting the stricken material as follows: <br />508.07: INDEMNIFICATION: The licensee shall indemni and hold harmless <br />the Municipality and the Council from any liability in whatsoever manner arising which may be <br />incurred by the licensee and the Municipality as the result of the operation of amusement rides, <br />carnivals or circuses. <br />SECTION 17. The City Council of the City of Mounds View hereby amends Title 500, Chapter <br />509, Section 509.03 of the Mounds View Municipal Code by adding the double -underlined <br />material and deleting the strieken material as follows: <br />509.03: REVIEW OF APPLICATION; ISSUANCE OR DENIAL: The City <br />Administrator shall submit said application to the Council for its consideration. The <br />require the appreval of the Fife Chief before the rieense is issued. The Council may grant or refuse <br />to grant the license after consideration of the application. It may require a public hearing, and that <br />533107v1 DTA MU210-54 8 <br />