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04 -SM -101 PM 6.20 <br />Redwood Creek Bike Trail in Redwood City <br />16. INSURANCE <br />16.1. CITY is self insured. CITY agrees to deliver evidence of self-insured coverage <br />providing general liability insurance, coverage of bodily injury liability and property <br />damage liability, naming the STATE, its officers, agents and employees as the <br />additional insured in an amount of $1 million per occurrence and $2 million in <br />aggregate and $5 million in excess. Coverage shall be evidenced by a certificate of <br />insurance in a form satisfactory to the STATE that shall be delivered to the STATE <br />with a signed copy of this Agreement. <br />16.2. If the work performed on this Project is done under contract CITY shall require its <br />contractors to maintain in force, during the term of this agreement, a policy of general <br />liability insurance, including coverage of bodily injury liability and property damage <br />liability, naming the STATE, its officers, agents and employees as the additional <br />insured in an amount of $1 million per occurrence and $2 million in aggregate and.I$5 <br />million in excess. Coverage shall be evidenced by a certificate•of insurance in a fdrm <br />satisfactory to the STATE that shall be delivered to the STATE with a signed copy of <br />this Agreement. <br />17. TERMINATION - This Agreement may be terminated by mutual written consent by <br />PARTIES or by STATE for cause. CITY's failure to comply with the provisions of this <br />Agreement may be grounds for a Notice of Termination by STATE. <br />18. TERM OF AGREEMENT -This Agreement shall become effective on the date first shown <br />on its face sheet and shall remain in full force and effect until amended or terminated as <br />set forth in Article 17 above. <br />PARTIES are empowered by Streets and Highways Code Section 114 and 130 to enter into this <br />Agreement and have delegated to the undersigned the authority to execute this Agreement on <br />behalf of the respective agencies and covenants to have followed all the necessary legal <br />requirements to validly execute this Agreement. <br />5 <br />