10-03-06 Special Called Regular Meeting and Public Hearing

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§ 78-104 LA PORTE CODE Sec. 78-104. Revocation. The license authorized under the provisions of this division is a privilege and not a right and may be revoked by the city council for the violation of any applicable provision of this Code, state law or city article, rule or regulation, or within, in its discretion, deems the revocation best for the welfare, safety and protection of the lives, property and happiness of the citizens of the city. (Ord. No. 96-2135, § 1(3.9), 9-23-96) Secs. 78-105-78-125. Reserved. DIVISION 4. LIABILITY INSURANCE Sec. 78-126. Required. No taxicab shall be permitted to operate at any time upon the streets of the city unless that taxicab is covered by insurance in accordance with the provisions of this article. Any taxicab without insurance is hereby declared to be unlicensed for operation by the city. (Ord. No. 96-2135, § 1(div, 4), 9-23-96) Sec. 78-127. Filing; naming of city as additional named insured. Before any permit shall be issued under division 2 of this article to any owner of a taxicab, or before any renewal of a permit shall be granted, the owner shall file with the city secretary, and thereafter keep in full force and effect, a policy of public liability insurance approved by the city manager or his designated representative, and executed by an insurance company duly authorized to do business in the state, and performable in this county, insuring the public against any loss or damage that may result to any person or property from the operation of the taxicab covered or to be covered by the permit. Such insurance policies shall name the city as an additional named insured, and such policies shall provide for prior notice of cancellation to the city as provided in this division. (Ord, No. 96-2135, § 1(4.1), 9-23-96) Sec. 78-128. Minimum amount of coverage. (a) The maximum amount of recovery in a policy of insurance required by this article shall not be less than the following sums: (1) For the injury or death of any one person in any one accident, $20,000.00. (2) For total liability in any one accident or personal injuries or death, $40,000.00. (3) For injury or destruction of property in any one accident, $15,000.00. (b) The minimum amount of insurance liability shall never be less than the amount established by the statutes of the state under the state Safety Responsibility Act or amendments thereto. (Ord. No. 96-2135, § 1(4.2), 9-23-96) CD78:14