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A grantee shall during the continuance of this Ordinance and at no expense to the City, maintain business automobile insurance, in the amount of one million ($1,000,000.00) dollars per occurrence on account of bodily or personal injuries, including death, or on account of property damage arising from or caused, directly or indirectly, by the performance under this Ordinance. This insurance shall be a per occurrence policy. (Ord. #80-97, S18)