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<br /> <br /> <br /> <br /> hire by repeatedly and persistently driving such automobile for hire to and fro on the public <br /> streets of the city of Paris and offering accommodations thereof to prospective passengers, <br /> whether by signal, word of mouth, or by carrying a sign with the word "Vacant" thereon, or some <br /> other word of similar import, or otherwise, or in any manner whatsoever operating said vehicle <br /> upon the public streets of the city of Paris for the purpose of soliciting passengers, or driving an <br /> automobile for hire upon the public streets while unoccupied by a passenger without having a <br /> fixed destination thereof. <br /> <br /> Section 10. That Grantees shall, at all times during the effective period of this franchise, <br /> keep and maintain, in full force and effect, a policy or policies, of automobile liability insurance <br /> coverage which fully meets or exceeds the State of Texas minimum financial responsibility <br /> requirements for operators of motor vehicles in the state. The insurance policy shall also <br /> provide coverage for bodily injury to passengers and/or property damage and shall indemnify <br /> the City of Paris, its elected officials, officers and employees from and against any and all <br /> damages, personal injuries, or property damages sustained as a result of the negligent operation <br /> of any motor vehicle by the Grantees, their agents or employees, and shall pay all premiums due <br /> thereon when due. Said policy shall also list the City of Paris, its elected officials, officers and <br /> employees as additional insured under the required coverage. It is expressly provided that <br /> <br /> such insurance policy, or policies, shall, and must, be written and issued by a reputable insurance <br /> underwriter, or underwriters, authorized to do business in the State of Texas, subject to approval <br /> by the City Attorney of the City of Paris; and the Grantees, or their insurance carrier or carriers, <br /> shall deliver a copy of any such policies to the City Clerk of the City of Paris, 150 1st Street S.E., <br /> Paris, Texas 75460, or furnish to said City Clerk a current letter or certificate from such company, <br /> or companies, evidencing the fact that such insurance is in full force and effect at all times during <br /> the effective period of this franchise. All such policies shall be written so that the City of Paris <br /> will be notified of cancellation or of any material change to the policies at least thirty (30) days <br /> prior to the effective date of such cancellation or amendment. Notice shall be by certified mail, <br /> return receipt requested, addressed to the City of Paris at the following address: City Clerk, <br /> City of Paris, P. 0. Box 9037, Paris, Texas 75461-9037. <br /> <br /> The Grantees shall promptly respond to all claims filed against them for injury or damage <br /> to property arising from the operator of their taxi-cabs; and well and truly pay directly to every <br /> judgment creditor who has been injured through the negligent operation of any motor vehicle by <br /> the Grantees, their agents or employees, or whose property has been damaged, any amount, or <br /> amounts, of money that shall have been awarded by final judgment of any court of competent <br /> jurisdiction against such Grantees on account of any such injury or damage. <br /> <br /> Section 11. That in the event Grantee fails to provide the City with a current Certificate <br /> of Insurance with appropriate insurance coverage for all vehicles operated under this Franchise <br /> Ordinance and/or Grantee fails to fully discharge any claim for damages established by final <br /> judgment of a court of competent jurisdiction within sixty (60) days after the same has been so <br /> established, such failure shall constitute grounds for termination of this franchise. <br /> <br /> Section 12. That every taxicab operated by Grantees under this <br /> the front doors thereof, easily vishble, sat all <br /> igns <br /> times, have painted, or otherwise impressed upon <br /> Page 3 of 6 <br /> <br /> <br /> ilU(1(16Z <br />