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HomeMy WebLinkAboutORDINANCE - 1466 - 6/23/1981 - LIVERIES/INSURANCE COVERAGEORDINANCE NO. 1466 AN ORDINANCE AMENDING SECTION 18.3311 OF THE MUNICIPAL CODE PERTAINING TO INSURANCE COVERAGE FOR LIVERIES BE IT ORDAINED, by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DUPage, Illinois, as follows: Section 1: That Sec. 18.3311, Insurance, of the Municipal Code of the Village of Elk Grove Village be and the same is hereby amended to read as follows: 18.3311 - Insurance. No such license shall be issued to any person, firm or corporation unless the applicant has secured and submitted to the Village Clerk, a copy or copies of his or their insurance policies, or certificates of insurance, with public liability insurance coverage available for personal injuries in an amount not less than $100,000.00 for each person and $300,000.00 for each accident and coverage for property damage in an amount not less than $50,000.00 for each accident. In the event that such policy or certificate of insurance at any time becomes ineffective by reason of notice served upon the Village or otherwise, or in the event an operator of a livery has failed to deposit such currently valid certificate or policy of insurance, the license herein pro- vided for the operation of a livery shall like- wise terminate forthwith and without fdrther notice. Section 2: That this Ordinance shall be in full force and effect from and after its passage and approval according to law. VOTES: AYES: 6 NAYS: 0 ABSENT: 0 APPROVED: Charles J. Zettek ATTEST: Village President Fay M. Bishop Village Clerk PASSED this 23rd day of June 1981. APPROVED this 23rd day of June , 1981.