O-1985-1434 - Laserfiche WebLink

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. (e ORDINANCE NO. /Lj31- AN ORDINANCE AMENDING SECTION 24-3, "INSURANCE", OF CHAPTER 24, "TAXICABS,", OF THE CODE OF ORDINANCES OF THE CITY OF LA PORTE: FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW: PROVIDING ANY PERSON VIOLATING THE TERMS OF THIS ORDINANCE SHALL BE DEEMED GUILTY OF A MISDEMEANOR, AND SHALL, UPON CONVICTION, BE FINED IN ANY SUM NOT TO EXCEED TWO HUNDRED DOLLARS ($200.00): AND PROVIDING AN EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. Section 24-3, "Insurance", of Chapter 24, "Taxi- cabs, II of the Code of Ordinances of the City of La Porte is amended, and shall hereafter read as follows, to-wit: "Sec. 24-3. Insurance. (a) The holder of any permit under this chapter to conduct a taxicab business in the ci ty shall, at all times during the life of such permit, keep each and every vehicle operated by him under his permit insured in accordance with the requirements contained in subsection (b) below. (b) Insurance coverage in subsection (a) above means an insurance policy or policies covering all licensed taxicabs of the insured issued by a company or companies qualified to do business in Texas and performable in Harris County. Such policy or policies must contain a provision or an endorsement requiring that the director be given fifteen (15) days' notice before the policy can be cancelled for any cause, and naming the City of La Porte as an additional named insured on said policy. The minimum amounts of liability under said insurance policy or policies shall be one hundred thousand dollars ($100,000.00) for anyone single personal injury of one person: five hundred thousand dollars ($500,000.00) for personal injury in anyone single accident: and fifty thousand dollars ($50,000.00) property damage of anyone single accident."