§ 1408. Insurance required to conduct special event.

A.

The Event Organizer of a special event shall possess or obtain comprehensive general liability insurance to protect the City against loss from liability imposed by the law for damages on account of bodily injury and property damage arising from the event. Insurance coverage shall be maintained for the duration of the event. Notice of cancellation shall be provided immediately to the City and shall be cause of Permit revocation.

B.

The Event Organizer shall furnish the City of Tulsa, at least fifteen (15) business days in advance of the occupancy time of the Permit, Venue, escort or road closure, whichever comes first, a certificate showing there is in force a general liability insurance policy with a bodily injury and property damage combined single limit of not less than One Million Dollars ($1,000,000.00) for each occurrence. The applicant shall include product liability insurance coverage in equal liability limits (One Hundred Seventy-Five Thousand Dollars ($175,000.00) per individual and One Million Dollars ($1,000,000.00) per multiple individuals as the result of and single occurrence or accident) when concession sales are approved during the event. The applicant must be the named insured and the City of Tulsa be named as an additional insured on the policies. The insurance company must be a company duly licensed to do business in the State of Oklahoma and listed in the Oklahoma 96 ^th Annual Report and Directory of Insurance and Related Companies. The policy shall also provide for a minimum of thirty (30) days mandatory written notice to the City of Tulsa, in the event of cancellation or material alteration of the limits of the policy.

(Ord. No. 23873 , § 1, 2-28-2018)