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13817ORDINANCE NO. 13,817 AN ORDINANCE AMENDING ORDINANCE NO. 13,798 ESTABLISHING INSURA14CE REQUIREMENTS; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. Section 3, III(e) of Ordinance No. 13,798 is hereby amended to read: (e) Insurance. Before any taxicab permit is issued for the operation of such cab, the owner shall file with the City Manager or designated agent a copy of a policy of insurance issued by some good and solvent incorporated insurance company licensed to do business in the State of Arkansas, covering separately, or on a schedule attached to such policy, each taxi- cab to be operated under the direction of such owner. Said policy must secure payment, in accordance with the provisions thereof, to any person, except employees of the owner, for personal injuries to such persons and for any damage to property, except property owned by, rented to, leased to, in charge of, or transported by the owner, other than bag- gage of passengers, caused by the operation of such taxicab, for the following amounts: $50,000 for the injury or death of any one (1) person and subject to that limit for each person; $100,000 for each accident, and for damage to property, $25,000 for each accident. Each insurance company and owner is required to notify the City upon lapse or cancellation of such policy. Upon the lapse of such policy, the taxicab permit granted to such owner is automatically revoked as the date the insurance ceases to be in effect; and it will thereafter be unlawful to operate such taxicab upon the streets, public ways, or alleys of the City of Little Rock. SECTION 2. Declaring an Emergency. Because there is need to provide the citizens of the City of Little Rock with adequate taxicab service, and the previous Ordinance did not meet the needs of the citizens and because this Ordinance will alle- viate those problems, an emergency is declared to exist. This Ordinance is found to be necessary for the public peace, health and safety of the public. This Ordinance shall be in full force and effect frozri.and after its passage and approval. PASSED: May 6, 1980 ATTEST: APPROVED: C el� Clerk Mayor