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Agmt05 First Community Housing
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Agmt05 First Community Housing
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Last modified
11/18/2008 11:46:40 AM
Creation date
3/7/2005 10:15:14 AM
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Template:
Agreement
Contractor Name
First Community Housing
PROJECT NAME
El Camino - Vera project - Villa Montgomery
RMP File Number
405
Date
2/4/2005
Reso Ref
14624 RD-05-01 RD-05-2 RD 08-01
Box
6589
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<br />any times attributable to delays which are not the fault of the <br />performing party and are caused by the other party. <br /> <br />q. Prior to and during the period of construction of <br />the Project, the Developer shall submit to the Agency written <br />progress reports when and as reasonably requested by the Agency but <br />in no event more frequently than once every month. The reports <br />shall be in such form and detail as may reasonably be required by <br />the Agency, and shall include a reasonable number of construction <br />photographs taken since the last such report submitted by, the <br />Developer. <br /> <br />r. Prior to the commencement of construction on any <br />portion of the Property, the Developer shall furnish, or shall <br />cause to be furnished, to the Agency duplicate originals or <br />appropriate certificates of public indemnity and liability <br />insurance in the amount of Two Million Dollars ($2,000,000.00) <br />combined single limit, naming the Agency and the City as additional <br />insureds. Said insurance shall cover comprehensive general <br />liability including, but not limited to, contractual liability; <br />acts of subcontractors; premises-operations; explosion, collapse <br />and underground hazards, if applicable; broad form property damage, <br />and personal injury including libel, slander and false arrest. In <br />addition, the Developer shall provide to the Agency adequate proof <br />of comprehensive automobile liability insurance covering owned, <br />non-owned and hired vehicles, combined single limit in the amount <br />of Two Million Dollars ($2,000,000.00) each occurrence; and proof <br />of workers' compensation insurance. Developer shall also provide <br />proof of property-fire insurance for the replacement value of the <br />improvements constructed in connection with the Project. Any and <br />all insurance policies required hereunder shall be obtained from <br />insurance companies admitted in the State of California and rated <br />at least B+: XII in Best's Insurance Guide. All said insurance <br />policies shall provide that they may not be canceled unless the <br />Agency and the City receive written notice of cancellation at least <br />thirty (30) calendar days prior to the effective date of <br />cancellation. Any and all insurance obtained by the Developer <br />hereunder shall be primary to any and all insurance which the <br />Agency and/or City may otherwise carry, including self insurance, <br />which for all purposes of this Agreement shall be separate and <br />apart from the requirements of this Agreement. Any insurance <br />policies governing the Property as obtained by the Agency shall not <br />be transferred from the Agency to the Developer. Appropriate <br />insurance means those insurance policies approved by the Agency <br />Counsel consistent with the foregoing. Any and all insurance <br />required hereunder shall be maintained and kept in force until the <br /> <br />18 <br /> <br />REDW\0006\DOC\001-5 <br />1/27/05 7:00 /mve <br />
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