HomeMy WebLinkAboutOrd 1993-2564 ORDINANCE NO. 2564
AN ORDINANCE AMENDING SECTION 5.54.090 [INSURANCE
REQUIRED] OF CHAPTER 5.54 [TAXICABS] TO REDUCE THE
AMOUNT OF INSURANCE FROM $500,000 TO $300,000 AND TO
AMEND THE MINIMUM CRITERIAL FOR FINANCIAL STRENGTH OF
TAXICAB INSURERS
WHEREAS, in light of recent changes in the insurance industry as it affects
taxicabs, it has become necessary for the City to reconsider its insurance
requirements on taxicabs.
NOW, THEREFORE, the City Council of the City of Chula Vista does hereby
ordain as follows:
SECTION I: Section 5.54.090 (Insurance Required) of Chapter 5.54
(Taxicabs) is hereby modified to read as follows:
Sec. 5.54.090 Insurance Required.
It is unlawful to operate any taxicab unless there shall be on file with the City of Chula Vista a
currently valid certificate of insurance executed and delivered by a company admitted by the
California Department of Insurance; or, if not admitted in California, a company which shall have
a Best's Key Rating Guide rating of "A", Class V or shall otherwise meet with the approval of the City
certifying that such insurance company extends Business Automobile Liability Insurance coverage
to the operator and all of the agents and employees of said operator.
The certificate shall be accompanied by a policy endorsement which names the City of Chula Vista
and all of its officers and employees as additional insured and provide cross-liability protection to
the employees of the City of Chula Vista in the same manner as if they were members of the public.
The certificate shall demonstrate and certify that the operator is insured against the risk of loss due
to property damage and bodily injury caused to members of the public including taxicab customers,
in the amount of $50,000 Property Damage, $100,000 per injury, $300,000 per occurrence, or
$300,000, combined single limit, and shall further show the amount of the self-insured retention,
if any, under said policy. The certificate shall provide for a thirty day written notification of policy
cancellation or retention is greater than five thousand dollars, the certified operator shall provide
financial information to the satisfaction or' the City which proves financial responsibility for the
amount of the self-insured retention. The City shall have the option to require the operator to
demonstrate to the City the policy itself referred to in the certificate, and on failure to do so within
five days, to revoke the business license.
SECTION II: This ordinance shall take effect and is in full force on the
thirtieth day from and after its adoption.
Presented by Appr as tZfor
/
c ndy
oogaard
Director of Personnel Cit~ A~torne~
Ordinance No. 2564
Page 2
PASSED, APPROVED and ADOPTED by the City Council of the City of Chula
Vista, California, this 17th day August, 1993, by the following vote:
AYES: Councilmembers: Fox, Horton, Moore, Rindone, Nader
NOES: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
Tim Nader, Mayor
ATTEST:
Beverly A/. Authelet, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do
hereby certify that the foregoing Ordinance No. 2564 had its first reading on
August 10, 1993, and its second reading and adoption at a regular meeting of said
City Council held on the 17th day of August, 1993.
Executed this 17th day of August, 1993.
Beverly ~ Authelet, City Clerk