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HomeMy WebLinkAbout1978 ORDINANCE NO. 1978 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, AMENDING ARCADIA MUNICIPAL CODE SECTION 6429.3.4 REGARDING INSURANCE REQUIREMENTS FOR CITY PERMITTED TAXICABS AND REPEALING ARCADIA MUNICIPAL CODE SECTION 6429.3.5 REGARDING CANCELLATION OF INSURANCE WHEREAS, the city Council has determined that an amendment of the Arcadia Municipal Code is required to further safeguard the heal th and safety of the pUblic by strengthening the certain regulations applicable to taxicab companies which are licensed to operate within the City. NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1. section 6429.3.4 of the Arcadia Municipal Code is hereby amended to read as follows: 6429.3.4. LIABILITY INSURANCE. As a prerequisite for required permits, the following shall be provided to the satisfaction of the City Attorney that the applicant or permittee has procured and paid in advance the annual premium upon an insurance policy, and shall submit a copy of such insurance policy prior to being granted a permit to operate in the city. The policy of insurance shall evidence insurance of all vehicles and substitute vehicles in use, and the owner and the driver of each of the taxicabs which the owner will operate in the city must be insured against liability for injury to any person as the result of ownership, operation or use thereof. The insurance policies must remain in full force and effect and must meet the following minimum requirements for each vehicle listed on the application. 1 (a) The policy of insurance for each vehicle listed in the application must be issued by a carrier licensed by the state of California Department of Insurance to sell commercial automobile liability in the state of California and be a member of the California Insurance Guarantee Fund, with a minimum A.M. Best rating of B+VII or a comparable rating applicable to insurance companies as stated from time to time by Standard and Poors, Moodys', or Fitch Investors Services for Insurance rating purposes; (b) The policy shall contain policy limits of not less than Three Hundred Thousand Dollars ($300,000) combined single limit per occurrence of limits of not less than One Hundred Thousand Dollars ($100,000) per person, Three Hundred Thousand Dollars ($300,000) per accident, and Fifty Thousand Dollars ($50,000) for property damage. Such Insurance may include a property damage deductible not greater than Twenty Five Hundred Dollars ($2,500) per occurrence; (c) The policy shall name the City of Arcadia, its city Council, and its officers, agents and employees as additional insureds; and shall be primary to and not contributing to any other insurance maintained by the city; (d) The policy shall provide for written notice to be submitted to the city, thirty (30) days prior to any cancellation or modification of the policy. (e) A certificate of insurance which conforms to the provisions of this section 6429.3.4, shall be attached to every application for a taxicab permit pursuant to this Chapter. Upon 2 1978 approval of the application, a copy of the additional insured and cancellation endorsements required by subsection (c) and (d) of this section shall be filed with the City within thirty (30) days of the date the application is approved. SECTION 2. That Section 6429.3.5 of the Arcadia Municipal Code is hereby repealed in its entirety. SECTION 3. The city Clerk shall certify to the adoption of this Ordinance and shall cause a copy of same to be published in the official newspaper of the City of Arcadia within fifteen (15) days after its adoption. Passed, approved and adopted this 6th ATTEST: ~ f Arcadia cit - . -~ -<... ~ ..... ~ .. . - - -' .,- -- --- / .- I"" / -----....:...;::. - 3 1978 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS: ClTY OF ARCADIA ) I, JUNE D. ALFORD, City Clerk of the city of Arcadia, hereby certify that the foregoing Ordinance No. 1978 was passed and adopted by the city Council of the city of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said Council held on the 6th day of october , 1992 and that said Ordinance was adopted by the following vote, to wit: AYES: Councilmember Ciraulo, Harbicht, Lojeski and Fasching NOES: None ABSENT: Councilmember Margett J Arcadia city 4 1978