93-002 ORD GRANTING MCKINLEY JOHNSON, DBA PRIDE OF PARIS TAXICAB, FRANCHISE TO USE PUBLIC STREETS, ALLEYS AND HIGHWAYS OF COP

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of the franchise shall well and truly pay directly to every judgment creditor who has been injured through the negligent operation of any such motor vehicle by the grantee or his employees, or whose property has been damaged, any amount or amounts of money that shall have been awarded by final judgment of any court of competent jurisdiction against such grantee on account of any such injury or damage, not exceeding for bodily injury or death to any one person the sum of Twenty Thousand ($20,000.00) Dollars, the sum of Forty Thousand ($40,000.00) Dollars, for all persons injured in any one accident or occasion, and Fifteen Thousand ($15,000.00) Dollars for property damages arising out of any one accident or occasion. Any such policy of insurance shall further provide that each such cause of action shall survive in case of death of any injured or damaged person for the benefit of the beneficiary of any such person, and shall further provide that such policy shall be subject to successive recoveries during the time that the same may continue in effect. Any such policy of insurance shall be issued by insurance underwriters authorized to do business in the State of Texas and approved by City. Grantee shall furnish City, by delivering to the City Clerk, a certificate from the insurance carrier showing such insurance to be in full force and effect during the entire term of this lease, or shall deposit with the City Clerk of the City of Paris, copies of said policies. Said policies or certificates shall contain a provision that written notice of cancellation or of any material change in said policy by the insurer shall be delivered to the City Clerk of the City of Paris, thirty (30) days in advance of the effective date thereof. Section 11. In the event of the failure of grantee to fully discharge any claim for damages established by final judgment of a court of competent jurisdiction within sixty (60) days after the same has been so established, this franchise shall automatically be forfeited. Sectiori 12. Every taxicab operated by grantee 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 such franchise. All such vehicles shall be owned by and registered in the name of grantee, and no other vehicle may be used under this franchise. Each of such vehicles shall be registered with the City Clerk of the City of Paris by motor number, and the City Clerk shall assign for each such respective vehicle in numerical order, beginning with the Number l, a number, which number shall at all times be displayed at some convenient location on both sides of the same. Section 13. It shall be the duty of the City Council of the City of Paris to enforce the provisions of this ordinance and all applicable regulations. He shall also recommend to the C i ty Couric i l of the C i ty of Par is f rom t ime to time reasonable rules and regulations, which, when approved by the City Council, shall become binding upon the grantee 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: (a) To make reasonable arders respecting character, extent, quality and standard of service of grantee to be provided under this franchise;