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poliCy with the City. Such insurance policy shall Contain a clause <br />providing that it shall not be cancelled by the insurance company without <br />thirty (30) days' written notice to the City of intention to cancel. The <br />following coverage shall be provided in amounts not less than those <br />specified: <br /> <br />Public liability, general liability, personal injury and property damage: <br /> <br />(1) Injury or death of one person- $1,000,000. <br />(2) Injury to more than one person in a single accident - $1,000,000. <br />(3) Property damage - $1,000,000. <br />(4) Total Aggregate Liability for all items $1,000,000. <br /> <br /> In accordance with Section 9.03.05 (Conditional Use Permits) of the <br />' Ramsey City Code, each Permit application shall be accompanied by an <br /> application fee and a minimum escrow in an amount as established by City <br /> Council resolution. Application fees are non-refundable.' Any <br /> unexpended escrow funds shall be returned to the applicant after all <br /> expenses incurred by the City in processing the Permit application have <br /> been deducted from the escrow fund. An escrow fund shall not be <br /> considered an interest bearing account. <br /> <br />9.16.05 Termination of Permit. A permit shall terminate upon the occurrence of any of <br />the following events, whichever occurs first: <br /> <br />a. The expiration date stated in the permit, if any; or <br /> <br />A violation of conditions and subsequent revocation of Permit in <br />accordance with procedures provided for in Section 9.03.05 for revocation <br />of Conditional Use Permits. <br /> <br />Unless otherwise specified by the City Council at the time it is authorized, <br />a Permit shall expire without further notice to the permittee if: <br /> <br />1. the use is not initiated within 12 months of the date of City Council <br /> approval; <br /> <br />or if the Permit is discontinued for a continuous 12 month period; <br />unless a written request for an extension of time has been received <br />and approved by the City Council prior to the expiration of the <br />original Permit. <br /> <br />9.16.06 Pre-existing Uses. Any property owners or residents operating a heliport within <br />the Ramsey City limits on the effective date of this ordinance shall have sixty (60) days <br />to apply for a Permit, if they comply with the criteria for approval..If the heliport cannot <br />comply with the criteria, the property owner or resident shall abandon the heliport within <br />60 days of the effective date of this ordinance. <br /> <br />-349- <br /> <br /> <br />