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HomeMy WebLinkAboutOrd 5664 11/20/2007 ORDINANCE NO. 5664 AN ORDINANCE TO AMEND SECTION 11.1105 OF APPENDIX A - DIVISION I ENTITLED "BONDS, SALARIES, INSURANCE, MISCELLANEOUS' OF THE VILLAGE CODE OF MOUNT PROSPECT Passed and approved by the President and Board of Trustees the 20th day of November 2007. Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 21st day of November 2007. ORDINANCE NO. 5664 AN ORDINANCE TO AMEND SECTION 11.1105 OF APPENDIX A - DIVISION I ENTITLED "BONDS, SALARIES, INSURANCE, MISCELLANEOUS" OF THE VILLAGE CODE OF MOUNT PROSPECT, ILLINOIS NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, ACTING IN THE EXERCISE OF THEIR HOME RULE POWERS: SECTION ONE: Chapter 11, Section 11.1105 of Appendix A - Division I, entitled "Insurance Required (Taxicabs)" is hereby amended as follows: The current 11.1105 shall be deleted and replaced with a new Section 11.1105 to read as follows: Split Requirements $250,000 for anyone person. $250,000 for anyone accident $ 50,000 property damage Combined SinQle Limit $300,000 SECTION TWO: This ordinance shall be in full force and effect after its passage, approval, and publication in pamphlet form in accordance with law. AYES: Corcoran, Hoefert, Juracek, Korn, Lohrstorfer, Zadel NAYS: None ABSENT: Wilks PASSED and APPROVED this 20th day of November, 2007. ATTEST: :2f;,~ ~ ~. _/ ,.- ~"?11... - ~ ~:4 M. Lis~ Angell '" Village Clerk . H:\CLKO\files\WIN\ORDINANC\amendappendixA 11.11 05insurancerequirednov2007.doc