§ 58-123. Musical or entertainment festivals.

(a)

Tax imposed. The amount of business tax receipt tax levied and imposed upon each permit issued for musical or entertainment festivals shall be as set by resolution.

(b)

Requirements. The holder of a permit issued under this article shall maintain in effect at all times the following insurance coverage:

(1)

Workers' compensation. Workers' compensation coverage to apply for all employees of permit holders, for statutory limits in compliance with applicable state and federal laws. The policy must include employers' liability with a limit of $100.00 for each accident.

(2)

Comprehensive general liability. Comprehensive general liability coverage with minimum limits of $500,000.00 per occurrence, combined single limit for bodily injury liability and property damage liability. This shall include premises and/or completed operations, broad form property damage and XCU coverage, and a contractual liability endorsement.

(3)

Inclusion of town. The town is to be specifically included as an additional insured on all coverage except for workers' compensation.

(c)

Renewal. If insurance coverage expires prior to the last day of the fiscal year of the town, a renewal certificate shall be issued 30 days prior to the expiration date.

(d)

Notification of cancellation, modification. The policy shall provide a 30-day notification clause to the town in the event of cancellation or modification to the policy.

(Code 1999, § 18-55; Ord. No. 95-23, § 10, 9-21-1995; Ord. No. 2016-23, § 66-72, 6-13-2017)