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HomeMy WebLinkAboutORD 74 GG�^ •i t -/: `moi 4.;j. ORDINANCE NO. (0 4 %a ENTITLED AN ORDINANCE AMENDING THE CODE OF ORDI- NANCES OF BEAUMONT, TEXAS, BY ADDING A SECTION TO BE NUMBERED 24--6.1, PROVIDING THAT THE CITY COUN-- CIL MAY WAIVE THE INSURANCE AND BOND REQUIREMENTS OF SECTION 24.6 UPON THE CONDITIONS NAMED HEREIN. BE IT ORDAINED BY THE CITY OF BEAUMONT, TEXAS: 1. That th& Code of Ordinances of Beaumont, Texas, is hereby amended by adding a section, to be numbered Section 24.-6.1, which said section reads as follows., ItSection 24..6.1. Insurance and Bonds -- Waiver. "The City Council may waive the requirements for surety bond and policies of insurance as required in Section 24..6 hereof as to any permittee who is financially responsible and capable of meeting obligations for amounts in excess of $150,000.00, upon permittee filing with the City Clerk of The City of'Beaumont in lieu of any said surety bond or insurance requirements a letter of acceptance and indemnity, approved by the City Attorney, bind- ing and obligating such permittee to abide by the .conditions for which surety bond and insurance policies are required as prescribed in said Section 24.-6., and agreeing. to indemnify -and hold the City of Beaumont harmless from any and all liability growing out of or attributable to the granting of any and all permits to'such permittee.rt PASSED by the City Council this %R -.'-/%day of January, 1966. Mayor ..