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Agmt17 HIP Housing Funds to Acquie 1512 Stafford
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Agmt17 HIP Housing Funds to Acquie 1512 Stafford
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Last modified
7/6/2017 1:11:06 PM
Creation date
7/6/2017 1:08:36 PM
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Template:
Agreement
Contractor Name
HIP Housing
PROJECT NAME
Fund to Acquire 1512 Stafford St
RMP File Number
304
Date
6/27/2017
Reso Ref
15601
MO Ref
17-129
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2782 of the California Civil Code. This Paragraph 15 shall survive the termination of this <br />Agreement. <br />16. INSURANCE. Contractor will acquire and maintain Workers <br />Compensation, employer's liability, comprehensive general liability, owned, non -owned, <br />and hired automobile liability insurance coverage relating to Contractor's activities funded <br />hereunder covering City's risk subject to the approval of the City Attorney. The minimum <br />amounts of coverage corresponding to the aforesaid categories of insurance per <br />insurable event shall be as follows: <br />Insurance Cateoory Minimum Limits <br />Workers Compensation statutory minimum <br />Employer's Liability $1,000,000 per accident for bodily injury, personal <br />injury and property damage <br />Comprehensive General $1,000,000 per occurrence for bodily injury, <br />personal injury, and property damage <br />Automobile Liability $1,000,000 per accident for bodily injury and property <br />damage (coverage required to the extent applicable to <br />Contractor's vehicle usage in performing services <br />hereunder) <br />Concurrently with the execution of this Agreement, Contractor will furnish City with <br />certificates and copies of information or declaration pages of the insurance required <br />hereunder and, with respect to evidence of comprehensive general liability and <br />automobile liability insurance coverage, original endorsement: <br />(a) Precluding cancellation or reduction in coverage before the expiration of thirty <br />(30) days after City will have received written notification of cancellation or <br />reduction in coverage by first class mail; <br />ATTY/AGR/2017.145/ STAFFORD FUNDING AGREEMENT <br />REV: 06-21-17 JS <br />Page 11 of 41 <br />
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