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Section 11. That in the event Grantee fails to provide the City with a current Certificate of Insurance with appropriate insurance coverage for all vehicles operated under this Franchise Ordinance and/or Grantee fails to fully discharge any claim for damages established by final judgment of a court of competent jurisdiction within sixry (60) days after the same has been so established, such failure shall constitute grounds for termination of this franchise. Section 12. That every taxicab operated by Grantees under this franchise shall, at all times, have painted, or otherwise impressed upon the front doors thereof, easily visible signs bearing proper identification of the company operating under this franchise. All such vehicles shall be owned by and registered in the names of the Grantees, and no other vehicle may be used or operated by Grantee on the streets of the City of Paris under this Franchise Ordinance. Each of such vehicles shall be registered with the City Clerk of the City of Paris by motor vehicle in numerical order, beginning with the number 1, which number shall, at all times, be displayed at some convenient location on both sides of said vehicles. Section 13. That it shall be the dury of the City Council of the City of Paris, by and through its City Manager, to enforce the provisions of this ordinance and all applicable regulations, which, when approved by the City Council, shall become binding upon the Grantees herein. Among other things, the City Council shall, from time to time during the term of this franchise, have the power and authority to promulgate effective regulations concerning the following, to-wit: (1) To make reasonable orders respecting character, extent, qualiry, safety and standard of service of Grantees to be provided under this franchise; (2) To fix such rates for service to the public as are not in conflict with the express provisions hereof and as will provide for Grantees a reasonable and fair rate of return upon the fair value of the property used and useable in connection with the rendering of service to the public under this franchise; and, (3) To make such other rules and regulations as may be reasonably necessary to facilitate clean and professional taxicab service to be rendered to the public under this franchise, any such rules and regulations, when adopted, to be binding upon the Grantees herein. Section 14. That motor vehicles operated by Grantees under this franchise shall be known as "taxicabs" and, when not in use in the exercise of the privileges granted herein, shall be stationed or parked at the headquarters of the Grantees, which headquarters shall be located on private property. Page 4 of 6 - OOOU6,x