As a condition to the issuance of such license, the applicant shall pay to the city
treasurer an annual license fee as currently established or as hereafter adopted by
resolution of the city council from time to time and shall file with the city clerk
a certificate of insurance issued by an insurance company authorized to do business
in the state, insuring against claims for personal injury and property damage by members
of the public resulting from negligent acts or omissions by the applicant or his agents
or employees, all of which insurance shall cover public liability damage for amounts
as currently established or as hereafter adopted by resolution of the city council
from time to time. Upon compliance with all of the provisions of this article, a permit
shall be issued by the building department. It shall be unlawful for any person, after
a license has been issued to him under this article, to assign or transfer any rights,
permits or privileges granted hereunder; and any purported assignment or transfer
of permit or rights shall be void. Any and all licenses issued in accordance with
the provisions of this article shall expire at 12:00 midnight on December 31 each
year unless sooner terminated by law.
