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2015-008
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2015-008
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franchised cable operator against the City and/or Commission that the terms and <br /> conditions of this Franchise are less burdensome than another franchise granted <br /> by the City or that this Franchise does not satisfy the requirements of applicable <br /> state law(s). <br /> 4. Insurance. <br /> a. As a part of the indemnification provided in Section 8.3, but without limiting the <br /> foregoing, Grantee shall file with City at the time of its acceptance of this <br /> Franchise, and at all times thereafter maintain in full force and effect at its sole <br /> expense, a comprehensive general liability insurance policy, including <br /> broadcaster's/cablecaster's liability and contractual liability coverage, in <br /> protection of the Grantee, and the City, its officers, elected officials, boards, <br /> commissions, agents and employees for any and all damages and penalties which <br /> may arise as a result of this Franchise. The policy or policies shall name the City <br /> as an additional insured, and in their capacity as such, City officers, elected <br /> officials, boards, commissions, agents and employees. <br /> b. The policies of insurance shall be in the sum of not less than $1,000,000.00 for <br /> personal injury or death of any one Person, and $2,000,000.00 for personal injury <br /> or death of two or more Persons in any one occurrence, $500,000.00 for property <br /> damage to any one person and $2,000,000.00 for property damage resulting from <br /> any one act or occurrence. <br /> C. The policy or policies of insurance shall be maintained by Grantee in full force <br /> and effect during the entire term of the Franchise. Each policy of insurance shall <br /> contain a statement on its face that the insurer will not cancel the policy or fail to <br /> renew the policy, whether for nonpayment of premium, or otherwise, and whether <br /> at the request of Grantee or for other reasons, except after sixty (60) days advance <br /> written notice have been provided to City. <br /> SECTION 10. SALE,ABANDONMENT,TRANSFER AND REVOCATION OF <br /> FRANCHISE <br /> 1. City's Right to Revoke. <br /> a. In addition to all other rights which City has pursuant to law or equity, City <br /> reserves the right to commence proceedings to revoke, terminate or cancel this <br /> Franchise, and all rights and privileges pertaining thereto, if it is determined by <br /> City that: <br /> i. Grantee has violated material provisions(s) of this Franchise; or <br /> ii. Grantee has attempted to evade any of the provisions of the Franchise; or <br /> iii. Grantee has practiced fraud or deceit upon City. <br /> 29 <br />
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