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13906ti ORDINANCE NO. 13,906 AN ORDINANCE AMENDING ORDINANCE #13,871 AND SECTION 23- 2(III)(e) OF THE CODE OF ORDINANCES ESTABLISHING INSURANCE RE- QUIREMENTS; DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, AKRANSAS: SECTION 1. That Section I of Ordinance #13,871 and Section 23- 2(III)(e) of the Code of Ordinances is hereby amended to read as follows: (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 taxicab to be operated under the direction of such owner. Said policy must secure payment, in accordance with the pro - visions 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 baggage of passengers, caused by the opera- tion of such taxicab. Said policy must be for the following amounts: $10,000 for the injury or death of any one (1) person and subject to that limit for each person; $20,000 for each accident, and for damage to property, $5,000 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 of the date the insurance ceases to be in effect; it will thereafter be unlawful to operate such taxicab upon the streets, public ways, or alleys of the City of Little Rock. SECTION 2. All ordinances and parts of ordinances in conflict herewith are hereby repealed. SECTION 3. Declaring an Emergency. Because there is a 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 citizen and because this Ordinance will alleviate those problems, an emergency is hereby declared to ti exist. This Ordinance is found to be necessary for the peace, health and safety of the public. This Ordinance shall be in full force and effect from and after its passage and approval. PASSED: November 4, 1980 ATTEST: City Clerk APPROVED: Mayor -2-