HomeMy WebLinkAboutORDINANCE 1184-19870
Suggested by: Administration
CITY OF KENAI
ORDINANCE NO. 1184-87
AN ORDINANCE OF THE. COUNCIL OF THE CITY OF KENAI, ALASKA,
AMENDING KMC 21.20.270(a)(1) AND PROVIDING FOR A $500,000 LEVEL
LIMIT POLICY INSURANCE REQUIREMENT.
WHEREAS, Lessees of City -owned property are having an
increasingly difficult time acquiring $1,000,000 of insurance as
required by KMC 21.20.270(a)(1); and,
WHEREAS, the President of the United States has declared a crisis
in the insurance liability market; and,
WHEREAS, it is the desire of the City of Kenai to aid small
businesses in this particular crisis.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, LhaL KMC 21.20.270 be amended as follows:
21.20.270 Insurance -Hold Harmless: (a) Lessee shall
convenent to save the City harmless from all actions, suits,
liabilities, ur damages resulLing from or arising out of any acts
of commission or omission by the lessee, his agents, employees,
customers, invitees, or arising from or out of the lessee's
occupation, or use of the premises demised, or privileges
granted, and to pay all costs connected therewith. In this
connection, the lessee shall agree to arrange and pay for all the
following:
(1) [PUBLIC] Comprehensive qeneral liability insurance
protecting both the City and/or its agents and the lessee,
such insurance to be evidenced by a certificate showing the
insurance in force. [THE AMOUNT OF SUCH PUBLIC LIABILITY
INSURANCE SHALL HAVE LIMITS NOT LESS THAN THOSE KNOWN AS
$500,000/$1,000,000/$250,000.]Said comprehensive general
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PASSED BY THE COUNCIL OF THE CITY OF KENAI, AL
of January, 1987.
ATTEST:
net Whelan, City Clerk
this 21st day
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First Reading:
January
7, 1987
Second Reading:
January
21, 1987
Effective Date:
February
21, 1987
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