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ORDINANCE NO. 332 <br />Page Two <br />(2) $100,000 for loss of means of support of <br />any one person 1n any one occurrence, and, <br />sub3ect to t e emit for one person, <br />$306,000 for loss of means of support of <br />two or more persons in any one occurrence. <br />(b) A bond of a surety company with minimum coverag <br />as provided in clause (a). <br />(c) A certificate of the State Treasurer that the <br />licensee has deposited withT him U 00, 000 in <br />cash or securities which may e a y e <br />purchase by savings DanKs or for trust funds <br />having a market value of $100,000. <br />Subdivision 3. Approval by Council. The proof o` <br />financial responsibilit under Subdivision 2 hereof <br />shall be approved by the Council and, when required, <br />by the Commissioner of Public Safety. The municloa <br />Subdivision 4. Revocation. The <br />"off -sale" or "on -sale" liquor b <br />avinfi� g on file at all times with <br />pruoi Of iinanCiai r2opC.^.s_bi_ t <br />for immediate revocation of the <br />cancellation of a current liquor <br />shall serve as notice of the imo, <br />ation of such <br />ss —— without / <br />nuns pity <br />Ll e group s <br />Fe-. o--got f <br />SECTION III. This ordinance shall take effect 30 days after the <br />date of its publication. <br />Read by the Council of the City of Mounds View on this of <br />, 1983. <br />Read and passed by the Council of the City of Mounds View this <br />day of 1983. <br />ATTEST: <br />(SEAL) <br />Mayor <br />C er -A ministrator is <br />, <br />