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AgdaPkt 2016-12-12 Closed and Joint SA PFA
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AgdaPkt 2016-12-12 Closed and Joint SA PFA
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Last modified
7/25/2017 5:17:37 PM
Creation date
12/8/2016 5:27:50 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Minutes
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
12/12/2016
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6.2.A. - Page 10 <br />Improvements and other work done pursuant to this Agreement, and City shall not be liable for <br />any acts or omissions in approving, reviewing, checking, correcting 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 Subsection 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 />immunize 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 shall be as <br />follows: <br />Insurance Category Minimum Limits <br />Workers' Compensation 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 />182 Any deductibles or self-insured retentions must be declared to, and approved by <br />City. At the option of City either Developer's insurer shall 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 administration and defense expenses. <br />183 Concurrently with the execution of this Agreement, Developer shall furnish City <br />with certificates and copies of information or declaration pages of the insurance required <br />hereunder and, with respect to evidence of commercial 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 shall have received written notification of <br />cancellation or reduction in coverage by first class mail, postage prepaid; <br />REV: 02-20-15 VR <br />Page 8 of 22 <br />ATTYIAGR.2015.0341SunCap Redwood LLC (IA) <br />
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