Dial-a-ride provider shall furnish the City of Clearlake a certificate of insurance counter-signed by an authorized agent of the insurance carrier setting forth the general provisions of the insurance coverage. Said certificate shall name the City of Clearlake, and any other agency as may be required under provisions of an agreement between the City of Clearlake and the dial-a-ride contractor, as additional insured under the policy. Said certificate shall contain a statement of obligation on the part of the carrier to notify the City of Clearlake, and any other additional insured as may be required by the City, of any material change, cancellation or termination of the coverage at least thirty (30) days in advance of the effective date of any such material change, cancellation or termination. The required certificate shall be furnished by the contractor prior to execution of the agreement with the City. (Ord. #27-90, S2)