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cancellation, termination or non -renewal of the coverage at least thirty (30) days in advance of the <br />effective date of any such material adverse change, cancellation, termination or non -renewal. <br />The additional insured endorsements for the general liability coverage shall use Insurance <br />Services Office (ISO) Form No. CG 20 09 11 85 or CG 20 10 11 85, or equivalent, including (if <br />used together) CG 2010 10 01 and CG 2037 10 01; but shall not use the following forms: CG 20 <br />10 10 93 or 03 94. Upon request by City's Risk Manager, Owner shall provide or arrange for the <br />insurer to provide within thirty (30) days of the request, certified copies of the actual insurance <br />policies or relevant portions thereof. <br />(h) If any insurance policy or coverage required hereunder is canceled or reduced, <br />Owner shall, within fifteen (15) days after receipt of notice of such cancellation or reduction in <br />coverage, but in no event later than the effective date of cancellation or reduction, file with City a <br />certificate showing that the required insurance has been reinstated or provided through another <br />insurance company or companies. Upon failure to so file such certificate, City may, without <br />further notice and at its option, procure such insurance coverage at Owner's expense, and Owner <br />shall promptly reimburse City for such expense upon receipt of billing from City. <br />(i) Coverage provided by Owner shall be primary insurance and shall not be <br />contributing with any insurance, or self-insurance maintained by City, and the policies shall so <br />provide. The insurance policies shall contain a waiver of subrogation for the benefit of the City. <br />Owner shall furnish the required certificates and endorsements to City prior to the commencement <br />of construction of the Project, and shall provide City with certified copies of the required insurance <br />policies upon request of City. <br />0) Deductibles/Retentions. Any deductibles or self-insured retentions shall be <br />declared to, and be subject to approval by, City's Risk Manager. At the option of and upon request <br />by City's Risk Manager if the Risk Manager determines that such deductibles or retentions are <br />unreasonably high, either the insurer shall reduce or eliminate such deductibles or self-insurance <br />retentions as respects the Indemnitees or Owner shall procure a bond guaranteeing payment of <br />losses and related investigations, claims administration and defense expenses. <br />(k) Adjustments. The limits of the liability coverage and, if necessary, the terms and <br />conditions of insurance, shall be reasonably adjusted from time to time (not less than every five <br />(5) years after the Effective Date nor more than once in every three (3) year period) to address <br />changes in circumstances, including, but not limited to, changes in the purchasing power of the <br />dollar and the litigation climate in California. Within thirty (30) days following City's delivery of <br />written notice of any such adjustments, Owner shall provide City with amended or new insurance <br />certificates and endorsements evidencing compliance with such adjustments. <br />Page 25 of 25 <br />ATIY/AGR/2019.065/MP BRADFORD ASSOCIATES—AFFORDABLE HOUSING REGULATORY AGREEMENT <br />REV: 03-22-19 PR <br />