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<br /> insureds and shall indemnify City and said persons against liability for loss or <br /> damage for personal injury, including death and property damage occasioned by <br /> the operations of Owner or Owner's contractors or subcontractors under the <br /> terms of this agreement, and shall be in the minimum limits of $1,000,000 for <br /> personal injuries to, or death of, anyone person, $1,000,000 for personal injury <br /> or death arising out of anyone occurrence, and property damage limits of not <br /> less than $1,000,000 arising out of anyone occurrence. The policies mentioned <br /> herein shall contain a provision that City shall receive an unconditional notice in <br /> writing thirty (30) days in advance of an insurer's intention to cancel or materially <br /> to change the terms of said policies given to City. If such insurance covers <br /> Owner, other entity, or person(s) in addition to the City of Redwood City, such <br /> policy shall contain the standard form of cross liability or severability of interest <br /> endorsement. Such insurance shall also specifically insure any contractual <br /> liability assumed by Owner under the terms of this agreement, including, but not <br /> limited to, the provisions of paragraph 1 above. <br /> 5. Ownership of Improvements. It is agreed that title and ownership of <br /> all Improvements constructed for the benefit of City hereunder by Owner shall <br /> vest absolutely in City upon completion and acceptance of such Improvements <br /> by City. <br /> 6. Work Subiect to Approval. All work provided for in this agreement <br /> and more specifically described in the plans and specifications herein referenced <br /> shall be subject to the approval and acceptance by the City Engineer before the <br /> G :\shared\Redwood\Council 5 <br /> Agmt-030 <br /> FXS:rg <br /> 09/09/96 <br /> "-.-.,,... <br />