1984.01.03 ORD 1984-199 - Laserfiche WebLink

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(c)A certificate of the state treasurer that the licensee has deposited with him $100,000.00 in cash or securities which may legally be purchased by savings banks or trust funds having a market value of$100,000.00. In the event any policy of insurance pro- vided hereunder contains aggregate limits of liability,the licensee shall buy additional coverage after payment of any claim during the license year to re- tain to license, and failure to provide evidence of insurance at least to the limits here-inbefore specified within five (5) days after payment of any claim shall result in the license being suspend- ed until such proff of insurance is provided. Any policy of insurance provided hereunder must include the provision that the insurer may not cancel the coverage without at least ten (10) days prior notice to the City. In the event of cancellation the license is automatically suspended until and unless proof of financial responsibility as herein set forth is provided." 4.In Section 190-10, entitled, "CONDI- TIONS OF LICENSE,"add Subd.M as follows: "Subd. M. Limited Seller License. No licensee having a Limited Seller License shall sell any beer or non-intoxicating malt liquor in violation the plan of ac- counting or conditions of the License." 5.In Section 190-11,entitled,"CLOSING HOURS,"in the first sentence insert a period after "noon," and delete ",nor between hours of 1:00 A.M. and 8:00 P.M.on any election day in the City.". 6.This Ordinance shall be effective from and after its adoption and publication ac- cording to law. 7.The official copies of the Hugo City Code shall be amended to reflect the within chapges upon passage and publication. ADOPTED AND PASSED THIS 3rd DAY OF January, 1984. ATTEST: J. Michael McAllister, Mayor; Mary Ann Creager,City Clerk. (Published in the FOREST LAKE TIMES January 12,1984.)