No permit authorized by this article shall be effective until the applicant therefor
has filed with the licensing official of insurance insuring the applicant against
liability imposed by law arising out of the ownership, maintenance or operation of
such sidewalk café in amounts of at least fifty thousand dollars ($50,000.00) for
the injury or death of one (1) person, three hundred thousand dollars ($300,000.00)
for the injury or death of two (2) or more persons, and ten thousand dollars ($10,000.00)
for damage to property. The city shall be named as an additional named insured in
the policy providing such insurance, and such policy shall further provide that it
may not be canceled except upon ten (10) days' written notice filed with the licensing
official.
No permit issued pursuant to the provisions of this article shall be valid at any
time the insurance required herein is not maintained and evidence of its continuance
filed with the licensing official. (Code 1960, As Amend., § 227.040; 2013-Or-169,
§ 3, 12-6-13)
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