Agmt15 Redwood City Improvement Association (RCIA)

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. . 19.2. RCIA's management of the services of this Agreement is of substantial concern and importance to the City, requiring coordination with City services. The quality of performance will reflect on the City and its management. Accordingly, the City requires RCIA to inform the City on a regular basis of any changes in the Officers of RCIA and of the identity of its subcontractors and their areas of responsibility. 19.3. The City Manager or his or her authorized designee (the "City Representative") shall be the primary contact between the City and RCIA for purposes of this Agreement. The City shall provide RCIA with the name and contact information of the City Representative. 20. Public Liabilitv and Propertv Damage Insurance. Prior to the execution of this Agreement by the Parties and approval by the City, and prior to RCIA's performance of its obligations and/or duties under this Agreement, RCIA shall obtain the following: 20.1. Commercial general liability insurance in an amount not less than Two Million Dollars ($2,000,000) per occurrence for personal injuries, including accidental death, to any one person; property damage insurance in an amount not less than Two Million Dollars ($2,000,000) and subject to the above limits and combined single limit of insurance in an amount not less than Three Million Dollars ($3,000,000); and 20.2. Automobile liability insurance endorsed for all vehicles (whether rented, leased, hired, scheduled, owned or non-owned), in an amount not less than One Million Dollars ($1,000,000)per occurrence for personal injuries, including accidental death, to any one person; property damage insurance in an amount not less than One Million Dollars ($1,000,000) and subject to the above limits and combined single limit of insurance in an amount not less than One Million Dollars ($1,000,000). 20.3. At all times, the insurance company issuing said policies shall be an "admitted" insurer in the State of California and shall carry an A.M. Best & Company minimum rating of AA:VII. 20.4. All policies shall contain a "Severability of Interest" clause and a "Primary Coverage" clause for any loss arising out of or caused by RCIA's performance of the Agreement. In addition, the policies shall contain a statement of obligation on the insurance carrier's part to notify City, by registered mail, at least thirty (30) days in advance of any policy cancellation, termination or reduction in the amount of coverage. 20.5. Within thirty (30) days of the first transfer of funds from the City, the RCIA shall deliver to City a "certificate of insurance" and an "additional insured endorsemenY', both documents countersigned by the insurance carrier or its authorized representative, on forms satisfactory to the City Attorney, which set forth the above provisions. 20.6. The countersigned certificate, along with the additional insured endorsement, shall state: "The City of Redwood City, its elected and appointed officials, officers, agents and employees are named as additional insureds under this policy. This insurance is primary to the coverage of the Redwood City Successor Agency and the City of Redwood City. ATTY/AGR/2015.002/RWC CBID OPERATING AGREEMENT REV:01-05-2015 PT Page 13 of 19