CC_Minutes_2006_0710 - Laserfiche WebLink

Home

application. 3. Subsequent Data: From time to time, at the request of the City Manager, a licensee will provide data to the City concerning that portion of its revenue attributable to the sale offood and the sale of liquor and/or wine. (Ord. 972, 5-13-1985) C. Liability Insurance: 1. Policy Limits: Prior to the issuance or renewal of a license under this Chapter, the applicm1t shall file with the City Manager a celiificate of insurance in a form to be provided by the City covering liquor liability, loss of means of support and pecunimy loss in the amount of five hundred thousand dollars ($500,000.00) of coverage because of bodily injury to anyone person in anyone occurrence; one million dollars ($1,000,000.00) because of bodily injury to two (2) or more persons in anyone occurrence; one hundred thousand dollm's ($100,000.00) because of injury to or destruction of property of others in anyone occurrence; two hundred thousand dollars ($200,000.00) for loss of means of support or pecuniary loss to anyone person in anyone oceurrence; and five hundred thousand dollars ($500,000.00) for loss of means of suppOli or pecuniary loss for two (2) or more persons in anyone occurrence. 2. Ammal Aggregate Limits: Annual aggregate limits as provided by Minnesota Statutes section 340A.409 shall not be less than one million dollars ($1,000,000.00). In the event sueh poliey provides for one million dollars ($1,000,000.00) annual aggregate limits, said policy shall filliher require that in the event that the policy limits me reduced in any given year because of the one million dollm ($1,000,000.00) ammal aggregate poliey limit, the insuranee earrier shall provide the City with wTitten notiee of said reduetion in poliey limits within thiliy (30) days of said reduction beeoming effective. (Ord. 1175, 10-28-1996) 3. Fmiher Requirements: After the reduction beeomes effeetive, the City Couneil may require the lieensee to take fmiher aetion with regard to liability insuranee in order to proteet eitizens of the City during the period of the redueed aggregate poliey limit. 4. Applieability: The requirements of this Seetion shall be applieable to new lieenses issued after the effective date of this subseetion and for renewals applied for after the effeetive date of this subseetion. (Ord. 1046, 9-12-1988) D. Approval ofInsuranee: Liability insuranee policies shall be approved as to form by the City Attorney. Operation of a lieensed business without baving on file with the City, at all times, a certifieate of in sura nee as required in subseetion C of this Seetion is a eause for revoeation of the lieense. All insuranee polieies shall state that the City will be given ten (10) days' notice, in writing, of ea11eellation. (Ord. 972, 5-13-1985) E. Insuranee Not Required: Subseetion C ofthis Seetion does not apply to lieensees who by affidavit establish that they are not engaged in selling any intoxieating or nonintoxicating malt liquor in Central Park and that: I. They are On-sale 3.2 percent malt liquor lieensees with sales of less than ten thousand dollars ($10,000.00) of3.2 pereent malt liquor for the preeeding yem'; 2. They are Off-sale 3.2 pereent malt liquor lieensees with sales of less than twenty thousand dollars ($20,000.00) of3.2 pereent malt liquor for the preeeding year; 3. They are holders of On-sale wine lieenses with sales of less than ten thousand dollars ($10,000.00) for wine for the preceding year; or 4. They are holders oftempormy wine lieenses issued under law. (Ord. 1175, 10-28- 1996)