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a. $100,000 because of bddily.inj ury to- any one person. in any. one occurrence,: $200,000 because of bodily injury to twoo or more persons in any one. occurrence, and $50,000 because of*injury or destruction of property of others in any one occurrence; b. $1`OQ,000 for loss of means. of support of any one person in anyone occurrence, and $200,000 for loss of means of support of two or more persons in any one occurrence; -arid c. .$50;000•for otl er pecuniary loss.of- any one person in. any otie occurrence, and $100,000 foz-otberpecuniary loss ditwo or more persons in any one occurrence. 11.3. The.liability policy -must provide that it may -clot l 'e canceled for a4y cause either by the insured or the insurance company withdi?fi £irst.giving ten:days notice to lire city in writing of that intention. The policy must also r ide that any ari�ount paid by the :insurance company as a result of :a<;cf a m will deduce .the coves a availal�Ie to pay. subsequent claims. IIA. A person. must not. operate any. business or conduct any activities requiring aliquot license from the city without having iftffect,:and,>evidence on file. with the city of, the financial tesponsib*ty;; required by this:sect of . The failure to> :ave the financial responsibility in effect>;pr onfHe will lie> grounds for immediate revocation or suspension of a license. „ Section 12. Application Procedure. 1.2.1. No liquor; i cerise of uny kind ::pxcepti'te 1porar :licenses, in be: issued until the Y police deparhnent hais conducted: ui� mvestigati6n� of the representations set forth in the appfieat on, the :applicant's moral character, and the applicant's financial status. All applG:antsusi;.cooperate with this investigation. Any false statement or at rial:::omiss on ade by::th e�applicarit curing the course of the investigation will v'le grounor deiyiig or revol`irg#1�e'license: IZr2,:No license mA ,l?e issued until the council has held public hearings in accordance "I" th the followrrig :. A.,'.Tor.1.2 percetit malt liquor licenses, one public hearing must be held before the couacil ;at least ten days after notice of the time and place has. been published iofficial newspaper. b. F.or irifaxcating liquor licenses and consumption and display permits; two public hearings will be held at least 27 days apart. Notice of the'hearings will be done in the same manner as that specif di#a ed in orance.9.1, section 2.3. e. Fot temporary licenses, the public hearing will be held in accordance with section 6.5. d. Atthe public hearings, all persons interested in the matter will be heard, andthe: hearings: may be adjourned from time to time. No hearing is required for a renewal of a license, but the council may at its option, hold a.hearing. 10 - Gem Lake Liquor Ordinance No. 9 —January fS, 2019-