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SR 82 & SR 84 8-2024 0111ii State of California Department of Transportation (CALTRANS), District -04, 111 Grand Avenue, Oakland, CA 94612 August_, 2024 09/19/2024 ATTN: MS. LEAH BUDU City of REDWOOD CITY Department of Finance RE: Statement of Self Insurance for City of Redwood City ("CITY") Related to Project Specific Maintenance Agreement with State of California Department of Transportation ("STATE") for the streetscape improvements along northbound State Route (SR) 82 (EI Camino Real - PM 3.7/3.8) from the Cedar Street intersection to the Maple Street intersection, and for the signalized intersection and traffic calming improvements at the intersection of Westbound SR 84 (Woodside Road - PM 24.81) on-ramp / off -ramp, Main Street, and Pine Street. Dear MS. Budu, The purpose of this letter is to certify that the CITY is self-insured and self-funded covering third -party claims arising out of its general operations (for example, commercial general liability and automobile liability insurance). Further the CITY is self-insured covering workers' compensation claims and has received the consent of the State Department of Industrial Relations to do so. Each fiscal year, as a part of its budgetary process, the CITY appropriates funds specifically to satisfy valid third -party claims and workers' compensation claims, which may be brought against the CITY. The CITY certifies its self-insured, general liability coverage for bodily injury liability and property damage liability, meets the required coverage amounts in section 9.1 (INSURANCE) of the Maintenance Agreement, specifically general liability insurance, coverage of bodily injury liability and property damage liability in an amount of $1 million per occurrence and $2 million in aggregate and $5 million in excess. The CITY further represents that regarding any claims made in connection with the Maintenance Agreement by the STATE, the STATE will be first -in-line regarding the reserved, self-insured amounts. ATTYIAGR.2024.132fCaltrans (Project Specific Maintenance Agreement)(REV: 08-20-24 VR) (Page 8 of 9)