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CITY OF ROSEVILLE AN ORDINANCE NO. 1175 AN ORDINANCE AMENDING CHAPTER 302 OF THE CITY CODE OF THE CITY OF ROSEVILLE BY INCREASING THE INSURANCE LIMITS AND PROVIDING COVERAGE FOR PECUNIARY LOSS. The City Council of the City of Roseville, Minnesota, does hereby ordain: The City Code of the City of Roseville is hereby amended by amending Section 302.03, paragraph C, subparagraphs 1. and 2. to read as follows: C. Liability Insurance: 1. Policy Limits: Prior to the issuance or renewal of a license under this Chapter, the applicant shall file with the City Manager a certificate of insurance in a form to be provided by the City covering liquor liability, loss of means of support and pecuniary 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 dollars ($1 00,000.00) 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 occurrence; and five hundred thousand dollars ($500,000.00) for loss of means of support or pecuniary loss for two (2) or more persons in anyone occurrence. 2. Annual Aggregate Limits: Annual aggregate limits as provided by Minn. Stat. S340A.409 shall not less than one million dollars ($1,000,000.00). In the event such policy provides for one million dollars ($1,000,000.00) annual aggregate limits, said policy shall further require that in the event that the policy limits are reduced in any given year because of the one million dollars ($1,000,000.00) annual aggregate policy limit, the insurance carrier shall provide the City with written notice of said reduction in policy limits within thirty (30) days of said reduction becoming effective.