My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
AgdaPkt 2021.02.08 Joint SA PFA
RedwoodCity
>
City Clerk
>
Agenda Packets
>
2020-2029
>
2021
>
AgdaPkt 2021.02.08 Joint SA PFA
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/11/2021 4:35:44 PM
Creation date
2/4/2021 4:26:17 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
2/8/2021
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
612
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
6.B. - Page 33 of 113 <br />of Indemnitees, and are subject to the additional terms set forth in Section 11.2 below. The <br />provisions of this Section 11.1 shall survive the expiration or earlier termination of this <br />Agreement. <br />11.2 Terms Applicable to Indemnity Provisions. The terms set forth in this Section <br />11.2 shall apply to all provisions of this Agreement that pertain to Developer's obligations to <br />indemnify City and the other Indemnitees, including without limitation, Sections 5.11, 5.14, <br />5.15, 7.2, 11. 1, and 12.1. In connection with each such provision, all of the following shall apply: <br />(a) City does not and shall not waive any rights against Developer that it may have <br />by reason of any indemnity and hold harmless provision set forth in this Agreement because of <br />the acceptance by City, or the deposit with City by Developer, of any of the insurance policies <br />described in this Agreement. <br />(b) Developer's obligation to indemnify the Indemnitees shall not be limited or <br />impaired by any of the following: (i) any amendment or modification of any City Document; <br />(ii) any extensions of time for performance required by any City Document; (iii) any provision <br />in any of the City Documents limiting City' s recourse to property securing the Secured <br />Obligations (as defined in the Deed of Trust), or limiting the personal liability of Developer, or <br />any other party; (iv) the accuracy or inaccuracy of any representation and warranty made by <br />Developer under this Agreement or by Developer or any other party under any City Document <br />, and (v) the release of Developer or any other person, by City or by operation of law, from <br />performance of any obligation under any City Document. <br />(c) The obligation of Developer to indemnify the Indemnitees shall survive any <br />foreclosure proceeding, any foreclosure sale, any delivery of any deed in lieu of foreclosure, <br />any release of record of the lien of the Deed of Trust or the Regulatory Agreement, and the <br />expiration or earlier termination of this Agreement. <br />11.3 Insurance Requirements. <br />(a) Commercial General Liability. Developer and when formed, the Homeowner' s <br />Association, (and until the City Building Department signs off on the final inspection of the <br />Project all contractors and subcontractors working on behalf of Developer on the Pro)ect) shall <br />maintain a commercial general liability policy including coverage for bodily injury, property <br />damage, products, completed operations and contractual liability coverage with coverage limits <br />in an amount equal to the greater of: (a) the amounts required by the construction and <br />permanent lenders for the Project, or (b) Two Million Dollars ($2,000,000) each occurrence, <br />Five Million Dollars ($5,000,000) annual aggregate, together with Three Million Dollars <br />($3,000,000) excess liability coverage, or such other policy limits as City may require in its <br />reasonable discretion; provided however, the coverage requirements for subcontractors shall be <br />One Million Dollars ($1,000,000) per occurrence. Such policy or policies shall be written on <br />an occurrence basis and shall name the Indemnitees as additional insureds. The coverage <br />requirements set forth in this paragraph shall apply to any Owner Controlled Insurance Program <br />(" OCIP") used by Owner, and shall apply to any exclusions from any such OCIP (e.g. for off- <br />site fabrication). <br />REV: 01-22-21 PR <br />M <br />ATTY/AGR.2020.305/Habitat for Humanity Greater San Francisco (Grant Agreement w/ Exhibits) (Page 29 of 109) <br />
The URL can be used to link to this page
Your browser does not support the video tag.