§ 1060-513. INDEMNIFICATION OF COUNTY

(a)

The Grantee, concurrently with the filing of an acceptance of award of any franchise granted under the provisions of this subchapter, shall furnish to the County and file with the County Clerk, and at all times thereafter maintain in full force and effect for the term of such franchise or any renewal thereof, at the Grantee's sole cost and expense, a general comprehensive liability insurance policy in a company approved by the County Administrator, and in a form satisfactory to the County Counsel, indemnifying and saving harmless the County, its officers and employees from and against any and all claims, demands, actions, suits, and proceedings by others against all liability to others, protecting the County and all persons against liability for loss or damage for personal injury, death, and property damage occasioned by the operations of the Grantee under such franchise, with minimum liability limits of three hundred thousand dollars ($300,000.00) for the personal injury or death of any one person, and five hundred thousand dollars ($500,000.00) for the personal injury or death of two or more persons in any one occurrence, and fifty thousand dollars ($50,000.00) for damage to property resulting from any one occurrence.

(b)

The policy mentioned in subsection (a) of this section shall name the County, its officers, boards, commissions, agents, and employees as additionally insured and shall contain a provision that a written notice of cancellation or reduction in coverage of such policy shall be delivered to the County 30 days in advance of the effective date thereof; if such insurance is provided by a policy which also covers the Grantee or any other entity or person other than those named in this section, such policy shall contain the standard cross-liability endorsement.