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12/21/77 ORDINANCE NO. NS-1394 PAGE EIGHT Sec. 32-3.1. Same - Liability Amounts. The required motor vehicle liability policy shall insure the owner, and any other person using or responsible for the use of any such vehicle, with the consent, expressed or implied of such owner, against loss from the liability imposed upon such owner or person by law for injury to, or death of any person, or damage to property growing out of the maintenance, operation or ownership of any vehicle for hire or ambulance, in the amount of three hundred thousand dollars ($300,000.00) combined single limit; or one hundred thousand dollars ($100,000.00) for bodily injury to any one person, in the amount of three hundred thousand dollars ($300,000.00) for bodily injury to more than one person which is sustained in the same accident and in the amount of one hundred thousand dollars ($100,000.00) for property damage resulting from any one accident, and providing passenger medical payment coverage with limits of liability of one thousand dollars ($1,000.00) for each person. Sec. 32-3.2. Same - Compliance Ail motor vehicle liability policies shall be subject to the approval of the city attorney in respect to any and all matters and if at any time, said motor vehicle liability policies are not sufficient for any cause, the city manager may require the owner of such vehicle for hire or ambulance to immediately cease all operations of business due to noncompliance. If said owner fails to replace said motor vehicle policies within ten (10) days with good and sufficient policies as aforesaid, then at the termination of said period the owner's permit or certificate issued hereunder shall be by such failure auto- matically suspended until such time as said requirement is complied with, and the chief of police shall enforce such suspension. Such policy or policies of insurance shall be presented to the city attorney and approved by him as to form. Sec. 32-3.3. Bond in Lieu of Liability Policy. Subject to the approval of the city attorney and the city manager the owner of any vehicle for hire or ambulance, operated under the provisions of this chapter, may file a bond of a responsible and solvent corporation authorized to issue such bonds under the laws of the State of California, containing the conditions and giving the protection required in the vehicle for hire or ambulance liability policy required by this chapter in lieu of either all or any part of the insurance coverage required. In the event of the filing of a bond under the provisions of this section, the applicable provisions of this chapter shall govern the furnishing of said bond and the owner filing it. Sec. 32-3.4. Same - Policy Endorsement. Every policy and every certificate of motor vehicle liability insurance filed pursuant to the provisions of this chapter shall contain the following endorsements: