91-022 ORD GRANTING DANNY TAYLOR DBA CONCEPT COURIERS FRANCHISE TO USE PUBLIC STREETS, ALLEYS AND HIGHWAYS OF COP

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Section 6. The grantee shall pay to the City of Paris a sum equal to three (3) per cent of the gross receipts for the preceding calendar year, such annual franchise payments being due and payable an or before June 1, 1992, and annually thereaFter, in fu:11 payment for the privilege of using and occupying the streets, highways, easements, alleys, parks and other public places in the City of Paris for such respective calendar years, and this payment shall be in lieu of any other tax or increased rate of tax or other assessments or charges, except ad valorem taxes. Any neglect, omission or refusal by the grantee herein to pay such tax when due and specified, shall ipso facto work a forfeiture of this franchise and of all rights hereunder. Section 7. The City of Paris expressly reserves the right to modify, amend, alter, change or eliminate any of the provisions of this franchise, during the life of the same, for the fo'llowing purposes, to-wit: (1) To eliminate or delete from the same such conditions as then prove obsolete or impractical; (2) To impose such additioiial conditions upon the grantee as may be just and reasonable, such conditions to be those as may be deemed necessary for the purpose of insuring adequate service to the public. Section 8. Notwithstanding what may be said in any other portion of this instrument with reference to the termination thereof, this rignt is granted subject to the provisions of Article l, Section 17 and 26 of the Constitu- cion of the State, the applicable state laws, charter provisions and such future laws as may be enacted by the Legislature, or amendments to the Constitution and the Charter of the City of Pari.s. Furthermore, the City Council ot the City of Paris reserves the absolute right upon notice and a hearing, which said notice shall be given to the grantee riot less than thirty (30 ) days before such hearing, to absolutely terminate tnis grant for any violations of the terms and provisions of this ordinance. Section 9. At all t:iffies during the effective period of this franchise grantee sha]_1 have procured and kept in full force and effect policy ar policies of public liability insurance, covering each motor vehicle to be operated and operated under this franchise, conditioned that the holder 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 amourits of money that shall have been awarded by final judgment of any court of competent jurisdiction against such grantee on account of arly such injury or damage, not exceeding tor bodily injury or death to any one person the sum of Twenty Thausand ($20,000.00) Dollars, the sum of Forty Thousand ($40,000.00) Dollars, for all persons injured in any one accident or occasion, ar►d Fifteeri 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 af 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 oi insurance shall be issued by insurance under- writers 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