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application. <br />3. �u.bsequen� Da�a: Frarn �im� to ti�e, at �he request of t�te City Manager, a licensee <br />wil� pravide data to th:e Ci�y cQneerni�g that portion of its revenue attributable to the <br />sale o�'food and the sale of liquor and/or wine, (Ord. 972, 5-13-1985} <br />G Liability Insurance: <br />1. Policy Limiis: Prior io the issuar�ce ar renewal Q�'a lieense uzader this Chapter, the <br />applicant sha�l file with the City Manager a certi�cate flf insuz-a�ce in a%r�n to be <br />provided by t�e City eovering liquar liabili�y, loss of ineans of support and pecuniary <br />tass in the amau�t of �ve hundred thousand dollars ($500,OOO.pO) of coverage <br />becaus� of bodily injury to any one person in any o�ze occc�rre�ce; one million dollars <br />{$1,Op0,OQ0.00j because of bodily injury to two (2) oz' rnore persons in any one <br />occurrence; ane hundred tha�sand dollars ($1 Q0,000.00) because of inj�ry to or <br />destruction €��' property oi athers in any one occurrence; two hundred thousand <br />dollars {$200,000.�0} �or iass a� means c�f suppart or pecu�liary lo�s to any one <br />person in any one occurrence; artd iive hundred thousand dollars {$5�O,O�Q.QO) for <br />loss of rneans a£ support or pecuniax`y loss for twa (2) or more perspns in any one <br />ocouz-rez�ce. <br />2. Annual Aggregate Li�nits: Annual aggregate Iimits as pravid�d by Minnesota <br />Statutes section 340A.409 �hall not be �e�s than one �niilian dollars (,$1,000,00O.00j. <br />In the event scrch pa�icy provides �or one rnillion dollars ($1,000,000.00) annual <br />aggregate iimits, said policy �hail furtk�er require that in t�e event that tl�e poliey <br />limits are reduced in any given year becau�e of t�e o�e million dc�llar <br />($1,000,000.00} ann�a] aggregate policy limit, th� insurance carrier sha�l provide <br />the City r�vith written �otice Qf said �eductioz� in palicy limits witl�in thirty (30) <br />days of said reduction becoz�it�g effeclzve. (Qrd. 1�75, 10-28-1996} <br />3. Further Requirements: After the reductinn becomes e��ective, the Ci�y Counci� <br />rnay require the laee�see to take �'u�ther action wit� regard to liability a�surance i� <br />order to proiect citizens a�t�e City during t�e period of tt�e reciuced aggregate �olicy <br />lirnit. <br />�. �pplicabil�ty: The requireme�ts of this Sectinn shall be applicabl� ta new licenses <br />issued after the effeetive daie of t�is subsection and for renewals ap�lied for after t�� <br />effective date Qf this subsection. (Ord. 1046, 9-1�-1988) . - <br />� ll. �ip�rov�l of insuarance: Liability; insurance palicies shall� be'approved as to �az-rn by��'°::' �: <br />the=Cat��Attoz'ney. Operatinn a�a licensed business wzthout�havin�; on ��e vvith the �� • <br />City, at all times, a certificate ai insurance as required ir� sul�sectior� C of this Seciion <br />is a cause for revocatibn af the license. All in�urance policies shali state tha� the City <br />wi11 be given te� {1Qj days' noiice, iz� writing, of cancellatzo�. (Ord. 972, 5-13-1985} <br />E. Insuz'an:ce Not Required: Subsection C of this Section does not a�ply �o licensees <br />wl�o by af�idavit establish ihat tla�y are i�ot engaged in selling any intoxicatii�g or <br />nonintoxicating rnalt �iquor in Central �'ark a�d that: <br />�. They are �n-�ale 3.2 percent malt liquor licensees with sales o£less than ten <br />thousand dollars ($10,00ti.OQ) of 3.2 p�rcent malt liquor fnr ihe precedir�g year; <br />2, They are Off sale 3.2 p��cei�t mali liquor �ieensees wit� sales of less t�aaa twe�ty <br />tho�sand dollars ($20,OQ0.�0) oC3.2 percent rnalt liquor �o�' t�ae preceding y�ar; <br />3. T��y are �olders of On-.sale wine licenses witl� sales crf less t:han ten thausand. .-- . <br />dollars ($10,000.00) for wine for tlae precedii�g year; or <br />4. They are holders of teznporar� wine licenses issued under law. (Ot�d. 1� 75, l Q-28- <br />1996) <br />