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RecDoc 2015-052074
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RecDoc 2015-052074
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Last modified
6/15/2015 3:27:42 PM
Creation date
6/15/2015 3:27:40 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Improvement Agmt 24 Hr. Fitness SunCap RWC LLC
Doc Num
2015-052074
Rec Date
5/20/2015
APN
054-023-080 and 054-023-090
Address
1050 Broadway St
Parties
SunCap Redwood City, LLC
MO Ref
15-059
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Improvements and other work done pursuant to this Agreement, and City sha11 not be liable for <br /> any acts or omissions in approving, reviewing, checking, correcNng or modifying any <br /> Improvement Plans or related specifications, or in inspecting,reviewing or approving any work <br /> or construction of Improvements. The Developer's improvement security shall not be required to <br /> secure the Developers obligations under this Subseetion 17.3 beyond the one-year guarantee and <br /> warranty period. If, in any judicial proceedings involving statutory immunity under the Tort <br /> Claims Act (Government Code 810, et seq.) asserted by the City, or its officers, agents or <br /> employees,is determined by a court of competent jurisdiction to be inapplicable or unavailable to <br /> imxnunize the City, or its officers, agents or employees, from potential liability for any alleged <br /> acts or omissions under this Subsection 17.3, then such rights or obligations of indemnity <br /> hereunder shall be governed by principles of comparative fault. <br /> 18. Insurance. <br /> 181 Developer shall, before the release of said Final Map by City for recordation, <br /> obtain and maintain in full force and effect during the term of this Agreement, at Developer's <br /> own expense and risk, Worker's Compensation, a general comprehensive liability insurance <br /> policy,and owned,non-owned,and hired automobile liability insurance. The minimum amounts <br /> of coverage corresponding to the aforesaid categories of insurance per insurable event sha11 be as <br /> follows: <br /> Insurance Category Minunum Limits <br /> Workers'Compensaxion Statutory minimum. <br /> Employer's Liability $1,000,000.00 per accident for bodily injury or disease. <br /> Commercial General Liability $1,000,000.00 per occurrence,$2,000,000.00 aggregate for <br /> bodily injury,personal injury and property damage. <br /> Automobile Liability $2,000,000.00 per occurrence for bodily injury and property <br /> damage(coverage required to the extent applicable to <br /> Contractor's vehicle usage in performing work hereunder). <br /> 18 2 Any deductibles or self-insured retentions must be declared to, and agproved by <br /> City. At the option of City either Developer's insurer shail reduce or eliminate the deductibles or <br /> self-insured retentions with respect to City, it's Council, commissions, boards, committees, <br /> officers,employees and agents or Developer shall procure a bond guaranteeing payment of losses <br /> and related investigations,claim administrarion and defense expenses. <br /> 18 3 Concurrently with the execution of this Agreement,Developer shall furnish City <br /> with certificates and eopies of information or declaration pages of the insurance required <br /> hereunder and, with respect to evidence of coxnmercial general liability and automobile liability <br /> insurance coverage,original endorsements: <br /> (a) Precluding cancellation or reduction in coverage before the <br /> expiration of thirty(30)days after City sha11 have received written notification of <br /> cancellation or reduction in coverage by first class mail,postage prepaid; <br /> REV:oz-Zais vR <br /> Page 8 of21 <br /> ATTY/AGR.2015.034/SunCap Redwood LLC(IA) <br />
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