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9 <br />ORDINANCE NO. 332 <br />Page Two <br />(2) $100,000 for loss of means of support of <br />any one persoii i— n any one occurrence, and, <br />su�jecl to Cie unit or one person, <br />00,000 for loss or means of support of <br />two or more persons in any one occurrence. <br />(b) A bond of a surety company with minimum coverages <br />as provided in clause (a). <br />(c) A certificate of the State Treasurer that the <br />licensee has deposited with him 100,000 in <br />cash or securities whit may e ally be <br />purchased by savings banks or for trust funds <br />having a market value of $100,000 <br />Subdivision 3. An removal by Council. The roof of <br />financial responsibility under Sub ivision 2 hereof <br />shall be approved by the Council and, when re uire , <br />b the Commissioner of Public Safet . T e munici a <br />attorney shall approve the form of the tinancia <br />responsibility. <br />Subdivision 4. Revocation. The o eration of such <br />'off -sale" or "on -sale" li uor business without aving on file at all timac W;ri <br />­—zliacion or a current liquor lia i ity policy <br />shall serve as notice o the impending revocation <br />OT the icense. — <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 14th of <br />February , 1983. <br />Read and passed by the Council of the City of Mounds View this <br />day of , 1983. <br />ATTEST: <br />Mayor <br />(SEAL) <br />C er -A ministrator <br />