§ 67-3. Insurance.

(a)

Indemnity for benefit of city. Any horse-drawn carriage company operating under this chapter shall hold the city, its officers, agents, servants and employees, harmless against any and all liability, loss damages or expense which may accrue to the city by reason of negligence, default or misconduct of the company in connection with the rights granted to such company hereunder. Nothing in this chapter shall be considered to make the city, its officers, agents, servants or employees liable for damages because of any negligent act or omission or commission by any horse-drawn carriage company, its servants, agents, drivers, or other employees, during the operation by the company of a horse-drawn carriage business or service, either in respect to injury to persons or with respect to damage to property which may be sustained.

(b)

Insurance for benefit of passengers. Any horse-drawn carriage company holding a license to do business shall give and maintain a policy of indemnity from an insurance company authorized to do business in the state for each vehicle in use as a horse-drawn carriage. The minimum coverage shall be $300,000.00 for bodily injury to any one person, $500,000.00 for injury to more than one person which are sustained in the same accident, and $50,000.00 for property damage resulting from one accident. The indemnity insurance shall inure to the benefit of any person who shall be injured or who shall sustain damage to property caused by the negligence of a horse-drawn carriage company, its servants or agents.

(c)

Blanket policy. Any company or person operating a horse-drawn carriage in the city shall give a separate policy of indemnity insurance for each separate horse-drawn carriage for hire, except where such company or person actually owns or operates more than one horse-drawn carriage, in which event such company or person may give one policy of indemnity insurance covering all the horse-drawn carriages actually owned or operated.

(d)

Notice when voided. Before any policy of insurance required by this chapter is voided for any cause, nonpayment of premium or otherwise, notice thereof shall be given, by the licensee in writing, to the city manager at least five days before the same shall take effect.

(Ord. No. 99-12-02, 12-2-8-99)