The permittee shall maintain continuously for the motor vehicle that is described in the permit a policy of insurance issued by an insurance company authorized to do business in Alaska for liability arising from the operation of the motor vehicle, including uninsured motorist coverage, with a combined single limit of $300,000 for bodily injury or death in any one accident, and including a provision requiring written notice to the city not less than 30 days before cancellation of the policy or the reduction of coverage under the policy below the minimum limits required by this section.
(Ord. 1286(SUB) § 5, 2011)