In addition to the amounts stated in the salary and wage plans of the City, present and future, and in the annual budgets of the City as the salaries of officers and employees of the City, the City shall pay, as part of the employment contracts of such officers and employees, premiums on public liability insurance protecting such officers and employees against the claims of others for damages for personal injuries or property damage arising out of the operating of a motor vehicle in the City’s business, with such limits as the Council may, from time to time, determine. [Ord. 1306 § 32, 1968; Code 1970 § 2.42.150.]