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<br />7. Insurance: Permittee shall fumìsh to the CIty public liability and property damage <br />insurance naming the City of Redwood City, it Council, boards, commissions, <br />officers, employees, volunteers, and agent$ as insureds, or additional insureds, <br />insuring the same against a:¡ claims for personal injury or death to any person or <br />persons resulting or arising from the conducting of the activities herein permitted, or <br />alleged to have resulted or alleged to have arisen therefrom, or from any act or <br />omìssion to act, af Permittee in connection therewith, in the amounts of $1,000,000 <br />for each person and $1,000,000 for each occurrence, and property damage <br />insurance for damage or injury to, or destruction of property, including the loss of <br />use thereof, in the amount of $1,000,000. Evidence of such insurance coverage in <br />form satisfactory to the City shalJ be furnished by Permittee to the City at least ten <br />(10) days prior to commencement of the event. <br />8. Damage to Public Property: Permittee shall reimburse the City for the costs for any <br />damages to City owned property in the vicinity of the designated route, caused by or <br />arísîng out of the conducting of the liT our De Peninsula" permitted hereunder, or the <br />acts, omissions to act, of persons participating În said event. All signs or other <br />markings placed in or upon public property I including the publiC right of way in <br />connection with the "Tour De Peninsula", shall be removed immediately following <br />said avent <br />9. Compliance With Laws: Permittee shall comply with all appropriate and applicable <br />rules, regulations and laws in connection with the conducting of said event, or any <br />activities associated therewith. This permit shall be in addition to all other permits <br />which are or may be required for conducting the "Tour De Peninsula" or any <br />associated activity. <br />10. Hold Harmless: Permittee shall assume the defense of and indemnify and save <br />harmless the City of Redwood City, its Council, officers, boards, commissions, <br />employees, volunteers, and agents from all suits, actions, damages, or claims to <br />which the City may be subjected of any kind or nature whatsoever, resulting from or <br />arising out of the performance or failure to perform of Permittee hereunder, or <br />otherwise arising from or arising out of said race, or any activities herein permitted. <br />11. Additional Matters: ThÎs event is not a race. Therefore, all participants will obey <br />traffic laws, and yield to pedestrian and vehicular traffic, where appropriate. <br />Additional or further matters not herein described or contemplated in connection <br />with the "Tour De Peninsula" shall not be effectuated without the prior written <br />consent of the Chief of Police. <br />Employees of RhodyCo will be responsible for providing, placing, and collecting all <br />cones involved in this event. <br />12. Acceptance: This permit shall not be effective until fully executed by all parties <br />hereto and accepted by Permittee, and returned to the City. <br />2 <br />r- <br />