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RISK MANAGEMENT DIVISION <br /> #2007 - 032 <br /> July 26, 2007 <br /> MEMO TO: Honorable Mayor and City Council <br /> FROM: Steve G , City Manager <br /> Ron E.N ld, Director of Financial Managemen <br /> J. Barry Le ard, Risk Manager � <br /> SUBJECT: Insurance Requirements For Taxicabs and Livery ehicles <br /> SUMMARY RECOMMENDATION: Staff recommends appr val of a revised section <br /> 8 to Chapter 60, Taxicabs And Taxi Drivers and to Section 5 of C apter 61, Livery <br /> Vehicles. <br /> BACKGROUND: These sections have not been updated sinc 1989. The new limits <br /> are the same as those required for contractors operating vehicles o City streets. <br /> POTENTIAL OBJECTION: There are no known objections to this resolution. <br /> INPUT FROM OTHER SOURCES: None <br /> STAFF REFERENCES: Barry Leonard, Risk Manager, 424-28 3. <br /> BUDGET/TIME IMPLICATIONS: None. <br />