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<br />($180,000.00). The aft
<br />
<br />nentioned security shall include, in
<br />
<br />jition to the principal
<br />
<br />amounts, a guarantee of the payment of costs and reasonable expenses and fees,
<br />
<br />including reasonable attorneys' fees, incurred by City in the event of successful
<br />
<br />enforcement of such security.
<br />
<br />3. Hold Harmless. Owner shall protect, indemnify, and hold harmless the City,
<br />
<br />its Council, boards, commissions, officers, agents, and employees, from and against any
<br />
<br />and all liability, losses, damages, claims, causes of action, or actions arising out of any
<br />
<br />accident, occurrence or incident resulting from, or alleged to have resulted from the
<br />
<br />construction of any of the Improvements by Owner, the negligent performance of any
<br />
<br />contractual responsibility of Owner, or any negligent action of Owner undertaken by
<br />
<br />Owner as a result of, or in the furtherance of, such construction or other responsibility of
<br />
<br />Owner. Owner shall also protect, indemnify, and hold harmless the above parties for
<br />
<br />any liability from and against claims and liability based upon the use of any patent or
<br />
<br />patented article by Owner in the construction of said work or Improvements. Owner's
<br />
<br />duty to defend and hold harmless shall include the responsibility to provide legal
<br />
<br />representation, the selection of whom shall be subject to City's approval.
<br />
<br />4. Insurance. Owner shall, upon execution of this Agreement by Owner, obtain,
<br />
<br />and maintain in full force and effect during the term of this Agreement, at Owner's own
<br />
<br />expense and risk, a general comprehensive liability insurance policy, and further, shall
<br />
<br />furnish evidence of such insurance by filing copies of the declaration page or information
<br />
<br />page and a certificate of insurance with the City Clerk, which copies shall be
<br />
<br />accompanied by such endorsements as may be necessary to show compliance with all
<br />
<br />of the requirements of this paragraph. Such insurance shall name the City of Redwood
<br />
<br />City, its Council, boards, commissions, officers, agents, and employees as insureds or
<br />
<br />additional insureds and shall indemnify City and said persons against liability for loss or
<br />
<br />Agrmt-402
<br />F :\shared\R edwood\Councii
<br />FXS:djk
<br />09/15/00
<br />09/28100R
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