HomeMy WebLinkAboutO-86-12ORDINANCE NO.
AN ORDINANCE OF THE CITY OF SEBASTIAN, FLORIDA,
AMENDING SECTION 29-21 OF THE CODE OF ORDINANCES
AND THEREBY INCREASING THE MINIMUM LIMITS OF
INSURANCE COVERAGE REQUIRED FOR TAXI-CABS OPER-
ATING WITHIN THE CITY LIMITS UNDER FRANCHISE FROM
THE CITY; PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN,
FLORIDA, AS FOLLOWS:
SECTION I
That Section 29-21 of the Code of Ordinances, Sebastian, Florida
is hereby amended to read as follows:
"Sec. 29-21. Liability Insurance Required.
Every owner or operator of a taxicab operating in the city
under a franchise shall obtain and maintain in full force and
effect and applicable to such operation at all timeg~ during
the eatire period thereof a liability insurance policy in the
form and substance approved by the city, executed by an in-
surance company authorized to do business in the and acceptable
by the city, and the terms and conditions thereof shall be such
as to provide protection for all persons suffering injury, loss
or damage to person or to property by reason of the negilgent
operation of such taxicab by any person. The policy shall be
in the coverage amounts of not less than one hundred thousand
dollars ($100,000) for injury or death to any one person and not
less than three hundred thousand dollars ($300,000) for in-
jury or death to any persons caused by any one accident, and
in the sum of not less than fifty thousand dollars ($50,000)
for damage to property resulting from any one accident. The
policy shall specifically cover liability for the operation
of a taxicab. A duly authenticated copy of each such insurance
policy shall be filed with the city clerk and shall contain a
provision whereby the insurance company executing the policy
shall, in the policy, obligate itself to notify the city clerk
in writing not less than thirty (30) days bef0re any alteration,
modification, or cancellation of such insurance policy is to
become effective."
SECTION II
This Ordinance shall be effective immediately upon final
passage.
I HEREBY CERTIFY THAT the foregoing/ -'ordinance was duly published
with notice of public hearing in a newspaper of general circulation
in the City of Sebastian; that a public hearing was held in city
council chambers on the~day of ~ ,1986; and that
this ordinance was duly passed by the city council immediately
~t~r~PUblic hearing.
City Clerk~