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(1) Anyone owning or maintaining a newsrack in the special distribution area on City-owned property or a publicly-owned sidewalk shall maintain liability insurance with an insurer insuring against all liability that the owner or maintainer of the newsrack may incur by virtue of the installation, placement, care, use, operation and existence of a newsrack. Such insurance shall have a limit of not less than:

(a) five hundred fifty-three thousand ($553,000) for one (1) person in any one (1) occurrence, or

(b) one million one hundred seven thousand dollars ($1,107,000) for two (2) or more persons in any one (1) occurrence, or,

(c) if the provisions of the Utah Governmental Immunity Act are modified, such other limit as may be required to protect the City from liability.

(2) This insurance required under Subsection (1) of this Section shall name the City as an additional insured and may not be cancelled without thirty (30) days prior written notice to the City.

(Enacted 2006-24)