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ORDINANCE NO. 2026 <br />AN ORDINANCE AMENDING ORDINANCE NO. 1953, SFCTION 6, TO <br />PROVIDE FOR A FRANCHISE TAX OF $50.00 PER VEHIRI' UNGITHE E <br />OPERATION OF THE TAXICAB BUSINESS; SECTION 9, ES2UIRI <br />HOLDER OF THE FRANCHISE LIABILITY INSURANCE TO BE CONDITIONED <br />ON PAYMENT DIRBCTLY TO EVERY JUDGMFNT CREDITOR, RATHER 'rHAN <br />PAYING TO THE MAYOR OF THE CITY OF PARIS FOR THE BENEFIT OF <br />JUDGMENT CREDITORS, AND REQUIRING A COPY OF THE INSURANCE PO- <br />LICY, WITH AMENDMFNTS, TO BE MAINTAINED IN THE OFFICE OF THE <br />CITY CLERK OF THE CITY OF PARIS; AND SECTION 12, BY DELETING <br />AND REDESIGNATING SUB-PARAGRAPH (d) AS SUB- <br />SUB-PARAGRAPH (c) <br />PARAGRAPH (c REPEALING ALL ORDINANCFS OR PARTS OF ORDINANCES <br />IN CONFLICT HEFZEWITH; AND PROVIDING FOR AN F~FECTIVE DATE OF <br />JULy l, 1971. <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS : <br />Section l. That Sections 6 and 9 of Ordirmce No. 1953 <br />of the City of Paris, Paris, Texas, be amended so that such <br />shall read as follows: <br />"Section 6. The grantees shall, during the life <br />of this franchise, pay to the City of Paris at the <br />office of the City Clerk in laeTU Vehicle usedhinUtheed <br />States a sum equal to $50.00 p <br />operation of said taxicab business, which remittance <br />shall be made annually on or before the lOth day of <br />July each year. The payments stipulated and provided <br />in this section shall be in lieu of any other tax or <br />assessment or charge by the City of Paris which may <br />now or may hereafter be in force during the term of <br />this franchise, excluding only ad valorem taxes. <br />Any neglect, omission or refusal by the grantees <br />herein to pay such tax when due and as specified, <br />shall ipso facto work a forfeiture of this franchise <br />and of all rights hereunder." <br />"Section 9. At all times during the effective <br />period of this franchise grantees shall have procured <br />and kept in full force and effect policy or policies <br />of public liability insurance, covering each motor <br />vehicle to be operated and operated under this fran- <br />chise, conditioned that the holder of thefranchise <br />ment <br />shall well and truly pay directly to every jud9 <br />cre.ditor who has been injured through the negligent <br />operation of any such motor vehicle by the grantees <br />or their employees, or whose property has been da- <br />maged, any amount or amounts of money that shall have <br />been awarded by final judgment of any court of com- <br />petent jurisdiction against such grantees on account <br />of any such injury or damage, not exceeding for bodily <br />injury or death to any one person the sum of Ten <br />Thousand Dollars ($10,000.00), or the sum of Z~venty <br />Thousand Dollars ($20,000.00) for all persons injured <br />in any one accident or occasion, anty damages <br />Five Thousand Dollars ($5,000 00) for proper <br />arising out of any one accident or occasion. Any such <br />