HomeMy WebLinkAbout~Master - Requiring Ames Transit Agency Board to Maintain a Policy of Liability Insurance ORDINANCE NO. 2939
AN ORDINANCE TO AMEND THE MUNICIPAL CODE
OF THE CITY OF AMES, IOWA FOR THE PURPOSE
OF REQUIRING THE AMES TRANSIT AGENCY
BOARD OF TRUSTEES TO MAINTAIN A POLICY OF
LIABILITY INSURANCE WHICH NAMES THE CITY
OF AMES, ITS OFFICERS AND EMPLOYEES, AS
INSURED PARTIES.
BE IT ORDAINED, by the City Council for the City of Ames,
Iowa:
Section One. The Municipal Code of the City of Ames, Iowa shall
be and is hereby amended by adding thereto a new section as follows:
"See. 26A.15. INSURANCE REQUIRED.
a. The Ames Transit Agency Board of Trustees, as
the members of the Ames Transit Agency, an ad-
ministrative agency of the -City of Ames, Iowa, shall
as a part of that agencies power and duty in opera-
tion, management, control and governance of transit
services in the City of Ames, procure and maintain
a policy of liability insurance in an amount not less
than $1,000,000.00 which policy shall name the City
of Ames, its officers and employees as insured
parties.
(b) The cost of procuring and maintaining said policy
of insurance shall be an item included in the fiscal
year budget for the Ames Transit Agency prepared
and approved pursuant to sub-section 26A.7(4) of '
the Ames Municipal Code.
Section Two. Any and all ordinances or parts of ordinances in
conflict herewith are hereby repealed to the extent of such conflict, if
any.
Section Three. This ordinance shall be in full force and effect
from and after its passage and publication as required by law.
Passed this 17th day of December 19F, 5
Nancy Gibbo s, City Clerk F Paul Goodland, Mayor