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a. The insurance required by subsections 12-18.2, 12-18.3, and 12-18.4 above shall be evidenced by certificate or certificates submitted to the City which shall be executed by the insurance company or companies involved and which shall state that the insurance evidenced thereby may not be terminated without thirty (30) days prior written notice thereof being received by the City. The certificate(s) shall be submitted to the City before or at the time a grantee executes a franchise agreement and shall be resubmitted annually to the City on the anniversary of the initial filing.

b. A grantee shall file certificates of insurance which shall certify the total limits of coverage in effect. If such limits are higher than the limits required by the City herein, the higher limits shall be certified and shall apply to the coverage afforded to the City (Ord. #80-97, S18)