03-77 ORDINANCE NO. 3-77
AN ORDINANCE OF THE CITY COUNCIL OF TtIE CITY OF
DELRAY BEACH, FLORIDA, AMENDING ORDINANCE NO.
29-74, SECTION 6(c) BY REDUCING THE REQUIRED
INSURANCE COVEILAGE FROM $10 MILLION DOLLARS TO
$5 MILLION DOLLARS.
WHEREAS, the "Grantee" (Leadership Cable Television Systems)
has requested a reduction in the insurance requirements of the franchise
granted pursuant to Ord. inance No. 29-74; and,
~[EREAS, the City Council upon the advice of its insurance
consultants is agreeable to a reduction to $5 million dollars,
NOW, TH~.REFORE.. PE IT ORD~!~n ~v ~f~q__~ CwTxr o~t~o~ ~ Ta;~
CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
Section 1. That Section 6 (c) be amended to read as follows:
(c) The grantee shall maintain, and by its
acceptance of this Franchise specifically
agrees that it will maintain throughout
the term of ~this Franchise liability
insurance insuring the grantee and naming
the City as an additional insured thereunder,
against loss or damage ar~.sing out of the
.operations or responsibility of grantee
under this franchise with primary and
umbrella insurance in a total limit of
.$5 million dollars (~5,900,000.00).
Copies of policies are to be furnished City.
Section 2. That should any section or provision of this
ordinance or any portion thereof, any paragraph, sentence or word be
declared by a court of competent jurisdiction to be invalid, such
decision shall not affect the validity of the remainder hereof as a
whole or part thereof other than the part declared to be invalid.
Section 3. 'That this ordinance shall become ef-fective ten
days after passage on second and final reading.
PASSED A~ ADOPTED in regular session on second and final
reading on this the 14th day of February , 197 .
First Reading.
Second Reading. Febr~ary 14, 1977