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ORDINANCE NO. 1993
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
ARCADIA, CALIFORNIA, AMENDING SECTION 6429.3.5
TO ADD A NEW SECTION 6429.3.5 TO THE ARCADIA
MUNICIPAL CODE REGARDING SELF-INSURANCE - TAXICABS
(LIABILITY)
THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES
HEREBY FIND AND ORDAIN AS FOLLOWS:
SECTION 1.
That section 6429.3.5 of the Arcadia Municipal
Code is hereby amended to read as follows:
6429.3.5.
SELF-INSURANCE (LIABILITY).
The liability
insurance requirements set forth in section 6429.3.4 may be met as
follows:
a. By self-insurance (or similar risk program such as
membership in a purchasing group) if certified by city's Risk
Management and Finance Directors.
b. A program of self-insurance may be established by showing
evidence of the following:
The Taxicab company owns more than 25 vehicles (a
requirement
for total self-insurance but not partial self-
insurance).
The Taxicab company proves it is able to respond in
damages to a judgment equivalent to the insurance requirements set
forth in section 6429.3.4.
c. For single event certification, evidence of acceptance of
a self-insurance program by other regulatory agencies with similar
requirements is sufficient evidence of financial responsibility.
d. For partial self-insurance, evidence of ability to respond
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in damages to a judgment equivalent to the deductible amount is
required.
SECTION 2. That the City Clerk shall certify to the adoption
of this Ordinance and that the same shall be published in the
official newspaper of the city of Arcadia within fifteen (15) days
after its adoption.
Passed, approved and adopted this 17t
ATTEST:. '
AD
f Arcadia
ci
of
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF ARCADIA
I, JUNE D. ALFORD, city Clerk of the city of Arcadia, hereby
certify that the foregoing Ordinance No. 1993 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 City Council held on the 17th day of August, 1993 and that
said Ordinance was adopted by the following vote, to wit:
AYES: Councilmember Harbicht, Margett and Ciraulo
NOES: None
ABSENT: Councilmember Fasching and Lojeski
city
2
1993