Ord 2007-026 - Laserfiche WebLink

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for each single occurrence of bodily injury or death: and one hundred thousand dollars ($100,000.00) for any single occurrence of injury to or destruction of property: and such insurance policy will contain an endorsement that such insurance may not be canceled or amended with respect to the Franchisee without ten (10) days prior written notice, by registered mail, to the City by the insurance company. The original policy of all such insurance will be delivered by the Shuttle to the City within ten (10) days of the inception of such policy by the insurance company. Sec. 90.315. Issuance. If the City Manager, or the Manager's designee, finds that the applicant meets all the requirements of this article for shuttle service, the Director of Parks shall issue a franchise stating the name and address of the applicant, the number of vehicles authorized, the date of issuance, and a description of the approved route. SECTION 2. The total number of franchises to be issued under this Article is to be limited to eight. SECTION 3. A River Shuttle annual franchise fee is established. The following fee structure shall apply: Gross revenues shall mean the gross amounts received for by the Franchisee for the rental of water oriented recreational equipment and the operation of river shuttles. For businesses whose gross revenue for the previous year was less than $75,000.00, the fee shall be $250.00. For businesses whose gross revenue for the previous year was greater than $75,000.00 and less than $150,000.00. the fee shall be $500.00. For businesses whose gross revenue for the previous year was more than $150,000.00 but less than $500,000.00, the fee shall be $1,000.00 For businesses whose gross revenue for the previous year was more than $500,000.00, the fee shall be $2,000.00. SECTION 4. All fees collected through river shuttle franchises shall be deposited in a fund established for use by the Park Department. The use of these funds shall be restricted to litter control, park ranger enforcement, parking and street repair for the areas bordering the San Marcos River, and other bona fide San Marcos River Projects. SECTION 5. If any word, phrase, clause, sentence, or paragraph of this ordinance is held to be unconstitutional or invalid by a court of competent jurisdiction, the other provisions of this ordinance will continue in force if they can be given effect without the invalid portion.