§ 78-249. Insurance and indemnification.

(a)

Each owner of a modular newsrack in the public right-of-way shall provide to the code compliance manager a current certificate of insurance, naming the city as an additional insured party, of a general liability or commercial general liability policy with a minimum limit of total coverage in the amount of $300,000.00 per occurrence combined single limit for bodily injury liability and property damage liability. The owner shall maintain the insurance described by this section so long as the owner owns or maintains a modular newsrack in the public right-of-way, and the failure to do so shall be a violation of this section.

(b)

Each owner of a modular newsrack in the public right-of-way shall agree to execute and deliver to the code compliance manager a written agreement under which such person, in exchange for the permission to place a modular newsrack in the public right-of-way, agrees to indemnify, hold harmless and defend the city, its officers, agents and employees from any loss, liability, or damage sustained by any person as a result of the placement or maintenance of a newsrack in the public right-of-way.

(Ord. No. 3964-06, § 1, 10-23-2006)