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Agmt26 CORA Lease Agreement
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Agmt26 CORA Lease Agreement
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Last modified
7/17/2026 11:20:17 AM
Creation date
7/17/2026 11:20:13 AM
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Agreement
PROJECT NAME
City of Redwood City for Fair Oaks Community Center Space Usage
RMP File Number
304.5
Date
7/1/2026
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REV: 06-24-26 VR <br />Exhibit C: Insurance <br />Tenant shall procure and maintain for the duration of the contract insurance against claims for <br />injuries to persons or damages to property which may arise from or in connection with the Tenant’s <br />operation and use of the leased premises by Tenant, agents, representatives, employees or <br />subcontractors. The cost of such insurance shall be borne by the Tenant. The insurance carrier <br />is required to maintain an A.M. Best rating of not less than “A-:VII”. <br />1. Coverages and Limits. Tenant, at its sole expense, shall maintain the types of <br />coverages and minimum limits indicated below, These minimum amounts of coverage will <br />not constitute any limitations or cap on Tenant's indemnification obligations under this <br />Agreement. <br />1.1. Commercial General Liability Insurance. Tenant shall maintain occurrence <br />based coverage with limits not less than $1,000,000 per occurrence. If the <br />submitted policies contain aggregate limits, such limits will apply separately to the <br />Services, project, or location that is the subject of this Agreement, or the aggregate <br />will be twice the required per occurrence limit. The Commercial General Liability <br />insurance policy shall be endorsed to name the City, its officers, agents, <br />employees and volunteers as additional insureds, and to state that the insurance <br />will be primary and not contribute with any insurance or self-insurance maintained <br />by the City. <br />1.2 Workers' Compensation and Employer's Liability Insurance. Tenant shall <br />maintain coverage as required by the California Labor Code and Employer’s <br />Liability limits with limits not less than $1,000,000 per each accident for bodily <br />injury or disease. The Worker’s Compensation policy shall contain an endorsement <br />stating that the insurer waives any right to subrogation against the City, its officers, <br />agents, employees, and volunteers. <br />1.3 Property Insurance. Tenant shall insure personal property and against all <br />risks of loss to any tenant improvements or betterments, at full replacement cost <br />with no coinsurance penalty provision. <br />2. Notice of Cancellation. This insurance will be in force during the life of the <br />Agreement and any extensions of it and will not be canceled without Tenant providing <br />thirty (30) days prior written notice to City sent pursuant to the Notice provisions of this <br />Agreement. <br />3. Providing Certificates of Insurance and Endorsements. Prior to City’s execution of <br />this Agreement, Tenant shall provide to City certificates of insurance and above- <br />referenced endorsements sufficient to satisfaction of City’s Risk Manager. <br />4. Failure to Maintain Coverage. If Tenant fails to comply with these insurance <br />requirements, then City will have the option to declare Tenant in breach. <br />5. Submission of Insurance Policies. City reserves the right to require, at any time, <br />complete copies of any or all required insurance policies and endorsements. <br />ATTY/AGR.2026.161/Community Overcoming Relationship Abuse (CORA) (Page 12 of 12)
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