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Res14 15316
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Res14 15316
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Last modified
10/11/2019 7:51:13 AM
Creation date
10/11/2019 7:51:10 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
1/27/2014
Description
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY (1) APPROVING AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE COMMERCIAL LEASE AGREEMENT BETWEEN THE SAN MATEO COUNTY TRANSIT DISTRICT AND THE CITY OF REDWOOD CITY FOR PARKING WITHIN THE SEQUOIA STATION PARKING GARAGE, AND (2) AUTHORIZING THE CITY MANAGER TO ISSUE PARKING PERMITS TO THE PUBLIC FOR THE SEQUOIA STATION PARKING GARAGE
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Agreement No.800617 <br /> The referenced policies and any Excess and Umbrella policies shall indicate that they are <br /> primary to any other insurance and the insurance company (ies) providing such policy (ies) shall <br /> be liable thereunder for the full amount of any loss or claim, up to and including the total limit of <br /> liability, without right of contribution from any of the insurance effected or which may be <br /> effected by SamTrans. <br /> (4) Severability of Interests or Cross Liability. <br /> The referenced policies and any Excess or Umbrella policies shall contain a Separation of <br /> Interests Clause and stipulate that inclusion of the San Mateo County Transit District as an <br /> Additional Insured shall not in any way affect SamTrans' rights either as respects any claim, <br /> demand, suit or judgment made, brought or recovered against the Lessee. The purpose of this <br /> coverage is to protect Lessee and SamTrans in the same manner as though a separate policy had <br /> been issued to each, but nothing in said policy shall operate to increase the insurance company's <br /> liability as set forth in its policy beyond the amount or amounts shown or to which the insurance <br /> company would have been liable if only one interest had been named as an insured. <br /> (c) EVIDENCE OF INSURANCE <br /> Prior to commencing work or entering onto the Property, Tenant shall provide to <br /> Insurance Tracking Services, Inc. (ITS), the Landlord's authorized insurance consultant, a <br /> Certificate of Insurance with respect to each required policy to be provided by the Tenant under <br /> the Agreement. The required certificates must be signed by the authorized representative of the <br /> Insurance Company shown on the certificate. The Office Lease name shall be clearly stated on <br /> the face of each Certificate of Insurance. <br /> Submit Certificates of Insurance to: <br /> San Mateo County Transit District <br /> C/O Insurance Tracking Services, Inc. (ITS) <br /> P.O. Box 198 <br /> Long Beach, CA 90801 <br /> OR <br /> Email Address: smt.certificates@instracking.com <br /> OR <br /> Fax: (562) 435-2955 <br /> In addition, the Tenant shall promptly deliver to ITS a certificate of insurance with <br /> respect to each renewal policy, as necessary to demonstrate the maintenance of the required <br /> insurance coverage for the terms specified herein. Such certificate shall be delivered to ITS not <br /> less than three business days after to the expiration date of any policy. <br /> ATTY/AGR/2013.244/SEQUOIA STATION LEASE AGREEMENT <br /> REV:01-13-14 VR <br /> 5884508.1 <br /> Page 11 of 21 <br />
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