Ord 2855 2/19/1974 ORDINANCE NO. O(125-:5'
ORDINANCE AMENDING SECTION 31-36 OF THE
CODE OF ORDINANCES, PROVIDING FOR INSUR-
ANCE REQUIREMENTS FOR TAXICAB OPERATORS.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF
WICHITA FALLS, TEXAS, THAT;
Section 31-36 of the Code of Ordinances of the City of
Wichita Falls is hereby amended to read as follows:
"Section 31-36. Insurance Requirements.
(a) Before a license, as required by this Article,
shall be issued, the Applicant shall pay the license fee re-
quired by law and furnish to the City for each such automobile
to be licensed evidence of a policy or certificate of insurance
coverage for all motor vehicles to be used in its operation,
and said coverage shall be of a character and amount not less
than that specified by the Texas Motor Vehicle Safety Respon-
sibility Act. Such insurance shall be kept in full force and
effect at all times during the term of license; any policy
covering said vehicles must carry a thirty-day cancellation
rider whereby a carrier desiring to be released from its cover-
age shall give written notice to the City at least thirty days
before its liability is released. Any insurance carrier to be
approved must be duly authorized to do business in the State of
Texas.
(b) The insurance required under (a) above will not be
required of an Applicant who qualifies as a self-insurer in
accordance with the Texas Motor Vehicle Safety Responsibility
Act. Provided, however, that the City shall have the right to
approve or disapprove such application for self-insurance based
upon a consideration of the financial fitness and responsibil-
ity of the Applicant. If at any time the City considers the
protection provided by the Applicant to the general public in-
adequate, the City shall have the power to require the Applicant
to furnish additional protection, and Applicant shall comply
with the written order of the City within thirty days of the
date of such order. If this option of self-insurance is chosen
by the Applicant in lieu of insurance coverage as required in
(a) above, the Applicant shall be required to deposit with the
City securities, bonds or other collateral as approved by the
City in the amount of $10, 000 , which may be used for the bene-
fit of persons or property sustaining damage as a result of the
operation of the Applicant.
(c) The insurance policies or other securities, with any
attached riders, shall be filed in the office of the City Clerk.
(d) The City shall not be deemed to have assumed any
pecuniary responsibility for the solvency of any insurance com-
pany or bond, or in any manner to become liable for any sum on
account of any such claim or on account of any act or omission
of any office or officers of the City in connection with any
matter relating to such vehicle or vehicles, nor shall the law-
ful liability of the owner or operator be in any manner either
limited or enlarged, by anything in connection with this Article
or such permit or insurance policy or security, but persons hav-
ing any cause of action secured thereby shall be authorized to
sue upon such insurance policy or bond without impleading the
City. "
PASSED AND APPROVED THIS THE 19TH DAY OF FEBRUARY, 1974.
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