No permit for a major encroachment shall be granted until the applicant therefor has placed on file with the City Clerk a written certificate of insurance or copy of the policy showing that insurance is in compliance with this chapter. Such public liability insurance shall be issued by a responsible and solvent corporation, authorized to issue insurance policies under the laws of the state of California. The public liability policy or policies shall insure, in addition to the permit applicant, the City of Berkeley, its agents and employees against loss from any liability imposed upon the City of Berkeley, its agents and employees for injury or death of any person, or damage to property growing out of the installation of any encroachment(s) for which a permit or permits is or are granted under the provisions of this chapter. The policy or policies shall contain an endorsement declaring the policy or policies as primary coverage on said liabilities. The minimum amount specified in such public liability policy or policies shall be three hundred thousand dollars for each occurrence for public liability insurance and seventy-five thousand dollars for each occurrence for property damage insurance. Additional amounts may be required as circumstances warrant, at the sole discretion of the Assistant City Manager for Public Works. The policy of insurance shall be maintained in its original amount by the permittee at their expense at all times during the period for which the permit is in effect. Said policy shall also state that it shall not be cancelled or amended except upon thirty days prior written notice thereof to the Assistant City Manager for Public Works. (Ord. 5514-NS § 1, 1983)