[Added 12-20-2022 by Ord. No. 66-78]
a. 
The owner of a business or the owner of a rental unit or units shall maintain liability insurance for negligent acts and omissions in an amount of no less than $500,000 for combined property damage and bodily injury to or death of one or more persons in any once accident or occurrence.
b. 
The owner of a multifamily home which is four or fewer units, one of which is owner-occupied, shall maintain liability insurance for negligent acts and omissions in an amount no less than $300,000 for combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence.
[Added 12-20-2022 by Ord. No. 66-78]
a. 
The owner of a business, owner of a rental unit or units, and the owner of a multi-family home of four or fewer units, one of which is owner occupied, shall annually register the certificate of insurance with the City Clerk.
b. 
At the time of the filing of the certificate of insurance, an annual fee of $25.00 shall be paid.