[Ord. No. 664 §1, 7-7-1953; CC 1976 §32-1]
It shall be unlawful for any person to operate a taxicab, bus
or other vehicle hauling a person for hire, except vehicles operating
under the jurisdiction of the Division of Transportation of the Department
of Economic Development, within the City without first having such
vehicle insured in some solvent insurance company licensed to do business
in the State against damages to persons and property as follows:
Insurance shall be for any liability incurred resulting from
the ownership, use or operation of the motor vehicle involved in any
one (1) accident causing bodily injury or death of any one (1) person
in the amount of twenty-five thousand dollars ($25,000.00) subject
to that limit for any one (1) person injured or killed; in the amount
of fifty thousand dollars ($50,000.00) for bodily injury to or death
of two (2) or more persons in any one (1) accident, and for damage
to property in the amount of ten thousand dollars ($10,000.00) resulting
from any one (1) accident.
[Ord. No. 664 §2, 7-7-1953; CC 1976 §32-2]
A. It shall be the duty of any person operating a taxicab, bus or other vehicle hauling persons for hire within the City to exhibit the insurance policy required in Section
640.010 to the City Clerk at the time application is made for the license required by the ordinances of the City, and no license shall be issued by the City Clerk unless said insurance policy is in full force and effect.
B. The
City Clerk shall make note of the date of expiration of such policy
of insurance and notify the City Marshal/Chief of Police if such policy
shall be permitted to expire without renewal or extension of insurance
in some other solvent insurance company licensed to do business in
the State.