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HomeMy WebLinkAbout637 0RDINANGE NO. 65? AN ORDINANCE OF TI~ CiTY OF SANFORD, FLORIDA AMENDING CHAPTER 24, ARTICLE III, SECTION 24-10 THEREOF, SAID SECTION RELATING TO REQUIRED COVERAGE AND AMOONTS OF LIABILITY INSURANCE FOR TAXICAB OPERATION, SAID AMENDMENT INCREASING THE REQUIRED AMOUNT OF COVERAGE AND REQUIRING ADVANCE PREMIUM pAYMENT. BE IT ENACTED BY THE PEOPLE OF ~ CITY OF SANFORD, FLORIDA: sECTION 1: That Chapter 24, Article III, Section 24-10 thereof relating to required coverage and amounts of liability insurance required for operation of taxicabs within the City of Sanford, Florida, be and the same is hereby amended to read as follows: Sec. 24-10 Required; coverage and amounts: Every person, firm or corporation obtaining a license to engage in the taxicab business in the City shall furnish either a surety bond issued by a surety company authorized to do business in the State of Florida, or an insurance policy company authorized to do business issued by an insurance ' surance policy shall be approved i, ~aid State. Such bend or. tn =:~,--ed to indemnify passengers ~he City Commission ana conutttv,, or the public for damages to property or for personal injury by reason of any act of negligence in the operation of any motor vehicle employed in such business. The amount of liability to be covered by such bend or insurance policy shall be the minimum requirements as established frcrn ti_me to time by the statutes of the State of Florida. All such bonds or insurance policies so furnished shall be accompanied by a receipt from the issuing company or its agent, showing the premium therefor paid in advance for a period of twelve months corresponding to the license year in the City. SECTION 2: All ordinances or parts of ordinances in conflict herewith be and the same are hereby repealed. SECTION 3: This ordinance shall become effective October 1, 1958. PASSED AND ADOPTED This ~_~day of A.D. 1958. April , Attest~ . CERTIFICATE I, H. N. Sayer, City Clerk of the City of Sanford, Florida, do hereby certify that a true and correct copy of the foregoing Ordinance No. 63?, PASSED and ADOPTED on the 14th day of A~rll, 195E, was POSTED at the front door of the City Hall in the City of Sanford, Florida, on the 15th day of April, l~. 2