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<br />$1,000,000 for personal injuries to, or death of, anyone person, $1 ,Ov0,000 for personal injury <br />or death arising out of anyone occurrence, and property damage limits of not less than <br />$1,000,000 arising out of anyone occurrence. The policies mentioned herein shall contain a <br />provision that City shall receive an unconditional notice in writing thirty (30) days in advance of <br />an insurer's intention to cancel or materially to change the terms of said policies given to City. If <br />such insurance covers Owners, other entity, or person(s) in addition to the City of Redwood <br />City, such policy shall contain the standard form of cross liability or severability of interest <br />endorsement. Such insurance shall also specifically insure any contractual liability assumed by <br />Owners under the terms of this Agreement, including, but not limited to, the provisions of <br />Paragraph 1 above. <br /> 5. MONUMENTS. All pipes and monuments shown on the subdivision map <br />hereinafter referenced which are destroyed or displaced during construction operations shall be <br />replaced by Owners at the time of the final inspection of·the Improvements, if any, hereunder by <br />City. <br /> 6. OWNERSHIP OF IMPROVEMENTS. It is agreed that title and Ownership of all <br />Improvements constructed for the benefit of City hereunder by Owners shall vest absolutely in <br />City upon completion and acceptance of such Improvements by City. <br /> 7. WORK SUBJECT TO APPROVAL. All work provided for in this Agreement and <br />more specifically described in the plans and specifications herein referenced shall be subject to <br />the approval and acceptance by the City Manager before the release of any security required <br />herein. Reference is hereby made to (a) that certain final map entitled, "Parcel Map No. 2000- <br />8", (b) those certain plans on file in the office of the City Engineer entitled, "Improvement Plans <br />for Parcel Map No. 2000-8 - 242 Orchard Avenue", and (c) those certain revised specifications <br />entitled, "Engineering Standards for the City of Redwood City", adopted January 5, 1998, for a <br />more particular description of the work and Improvements generally described in this <br />Agreement. Said final map, plans and specifications referenced in this paragraph are hereby <br /> -4- <br />Agmt-420 <br />F:/sharedlR edwoodlCouncil <br />FXS:djk <br />11/07/00 <br /> 11II111 II11I 1I1IIII IIII II1II 1IIIII 1IIIII11 II1I1 III1IIII 2001-0a0S7S <br /> 06/05/2001 0S:24A <br /> AG Page: 5 of 10 <br /> - ___'_'_"_'~."__"'.'.,"·_'Ü'M'_____~"_'_~' <br />