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HomeMy WebLinkAboutOrd 5064 12/07/1999 ORDINANCE NO. 5064 AN ORDINANCE AMENDING CHAPTER 11 OF THE VILLAGE CODE OF MOUNT PROSPECT Passed and approved by the President and Board of Trustees the 7th day of December, 1999 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 8th day of December, 1999 ORDINANCE NO. 5064 AN ORDINANCE AMENDING CHAPTER 11 OF THE VILLAGE CODE OF MOUNT PROSPECT SE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION 1: That Subparagraph A(2) of Section 11.1105, entitled "Insurance Required" of Chapter 11 of the Mount Prospect Village Code shall be amended by deleting subparagraph A(2) entirely and inserting in lieu thereof the following new subparagraph A(2) to be and read as follows: "A. 2. A policy of insurance or certificate of insurance issued by an insurance company authorized to do business in the State in an amount of not less than one hundred thousand dollars ($100,000.00) for bodily injury to any on person; two hundred fifty thousand dollars ($250,000.00) for injuries to more than one person which are sustained in the same accident and fifty thousand dollars ($50,000~00) for property damage resulting from any one accident. Said policy or certificate shall be in full force and effect at the time of license issuance and shall provide that the coverage may not be canceled or materially changed without thirb7 (30) days prior written notice to the Chief of Police." SECTION 2: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: ~orcoran, Hoefert, Lohrstorfer, Necchi, Skowron, Wilks NAYS: None ABSENT: None 7th December PASSED and APPROVED this day of ,1999. Gerald L. Farley, Village President/ / ATTEST: