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<br />. <br /> <br />, <br /> <br />, <br /> <br />the city shall be saved harmless and indemnified against <br />any loss or damage by reason of improper or inadequate <br />. worked performed by the licensee. In addition to said <br />bond, the licensee shall file a memorandum or <br />certificate showing that it carries public liability and <br />property damage insurance in such amounts and coverages <br />as are established by a resolution adopted by the <br />council from time to time, for accidents resulting from <br />work performed by the licensee in the city. Any such <br />policy of insurance shall name the city as an additional <br />insured and shall contain a provision that it shall not <br />be cancelled during the term of the license without ten <br />(10) days' prior written notice to the city. <br />Cancellation of such insurance policy shall be <br />sufficient cause for revocation of any license granted <br />hereunder unless the licensee supplies other adequate <br />insurance coverages as are required by said resolution <br />before the expiration of such notice." <br /> <br />Section 4. Effective Date. This Ordinance shall be <br />effective from and after its passage and publication. <br /> <br />Passed by the Council this /~~day of ct7~A / ,1987. <br /> <br /> <br />tf~~~ <br /> <br />Robert Woodburn, Mayor <br />. <br /> <br /> <br /> <br /> <br /> <br />Patricia J rrison, <br />Clerk-Admin1strator <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />. <br /> <br />- 3- <br />