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damage, including without limitation, blanket contractual liability and coverage for explosion,
<br />collapse and underground property damage hazards. Property Owner's general liability
<br />policies shall be primary and non-contributory, and be endorsed using Insurance Services
<br />Office form CG 20 10 or equivalent to provide that City and its officers, officials, employees,
<br />and agents shall be additional insureds under such policies. For construction contracts, an
<br />endorsement providing completed operations to the additional insured, ISO form CG 20 37
<br />or equivalent, is also required.
<br />11.2 Workers' Compensation. Property Owner shall maintain Workers'
<br />Compensation Insurance (Statutory Limits) and Employer's Liability Insurance with limits of
<br />at least One Million Dollars ($1,000,000). Property Owner shall submit to City, along with
<br />the certificate of insurance, a Waiver of Subrogation endorsement in favor of City, its officers,
<br />agents, employees, and volunteers.
<br />11.3 Auto Liability. Property Owner shall provide auto liability coverage for
<br />owned, non -owned, and hired autos using ISO Business Auto Coverage form CA 00 01, or
<br />the exact equivalent, with a limit of no less than One Million Dollars ($1,000,000) per
<br />accident. If Property Owner owns no vehicles, this requirement may be met through a non -
<br />owned auto endorsement to the CGL policy.
<br />11.4 Any deductibles or self-insured retentions must be declared to, and
<br />approved by City. At the option of City either Property Owner's insurer will reduce the
<br />deductibles to an amount not to exceed $100,000 or self-insured retentions with respect to
<br />City, it's Council, commissions, boards, committees, officers, employees and agents or
<br />Property Owner will procure a bond guaranteeing payment of losses and related
<br />investigations, claim administration and defense expenses.
<br />11.5 Concurrently with the execution of this Agreement, Property Owner
<br />shall furnish City with certificates and copies of information or declaration pages of the
<br />insurance required hereunder and, with respect to evidence of commercial general liability
<br />and automobile liability insurance coverage:
<br />(a) Developer shall provide 30 days written notice for cancellation
<br />or any reduction in coverage during the term of this Agreement;
<br />(b) Providing that Property Owner's insurance will apply separately
<br />to each insured against whom claim is made or suit is brought, except with respect
<br />to the limits of the insurer's liability (cross liability endorsements);
<br />(c) Naming City, its Council, commissions, boards, committees,
<br />officers, employees and agents as additional insureds; and
<br />(d) Providing that Property Owner's insurance will be primary
<br />insurance relating to Contractor's work hereunder with respect to City, its Council,
<br />commissions, boards, committees, officers, employees and Agents, and further
<br />providing that any insurance or self-insurance maintained by City for itself, its Council,
<br />commissions, boards, committees, officers, employees and agents will not be excess
<br />of Contractor's insurance and will not be contributory with it. Such insurance will also
<br />REV: 05-26-2020 PR
<br />ATTY/AGR.2020.083/Broadway Plaza - Bay Block (Page 5 of 19)
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