Seal Beach Municipal Code Ch. 6.05 General Provisions

Before granting, amending or extending any franchise, the city council shall hold at least one public hearing thereon. Notice of the time and place of the hearing shall be published at least once in a newspaper of general circulation. The hearing shall be held not less than 3 days following publication of the notice therefor, and may be continued from time to time by the city council. Any protest to the grant, amendment or extension of a franchise shall be heard by the city council at the hearing before final action is taken.

(Ord. 1515)

A. Whenever any bond or insurance policy is required to be filed in connection with the issuance of a franchise pursuant to this title, such franchise shall not be effective until the bond or insurance policy has been approved by the city attorney as to sufficiency and form. If the bond or insurance policy becomes ineffective during the term of such franchise, then the franchise shall automatically be suspended until a new bond or insurance policy is furnished and approved by the city attorney as to sufficiency and form.

B. The city and its officers, employees and agents shall be named as additional insureds under any liability insurance policy required by this title, which policy shall not be subject to cancellation without 30 days' written notice to the city. The liability on any surety bond deposited with the city pursuant to this title may be terminated upon the surety's filing of 30-day advance written notice with the city clerk. In no case shall the termination of liability by the surety on any bond affect any liability incurred prior to the date of termination.

(Ord. 1515)