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verify that all activities funded hereunder benefit only HOME residents <br /> within the project. Annual reports shall continue to be due to City and <br /> Agency each year for a period of no less than five years from the date of <br /> execution of this agreement. <br /> 3. RELATIONSHIP OF PARTIES <br /> It is expressly understood that this is an agreement between two (2) independent <br /> contractors and that no agency, employee, partnership, joint venture or other <br /> relationship is established by this Agreement. The intent of City and CHDO is to <br /> create an independent contractor relationship. <br /> 4. HOLD HARMLESS <br /> The CHDO shall indemnify and save harmless the Agency, its Board, the City, <br /> its Council, and their respective officers, boards, commissions, agents and <br /> employees (collectively, "Indemnities ") from all claims, suits or actions of every <br /> name, kind and description, brought for, or on account of, injuries to or death of <br /> any person, including CHDO, or damage to property of any kind whatsoever and <br /> to whomsoever belonging, including but not limited to, the concurrent passive <br /> negligence of the City and Agency, and their respective officers, boards, <br /> commissions, agents, and employees, resulting from the performance of any <br /> work required by this Agreement of CHDO, its officers, agents, employees <br /> and /or servants, provided that this shall not apply to injuries or damage for which <br /> Indemnities, or any one of them have been found in a court of competent <br /> jurisdiction to be solely liable by reason of its own negligence or willful <br /> misconduct. <br /> The duty of the CHDO to indemnify and save harmless, as set forth herein, shall <br /> include the duty to defend as set forth in Section 2778 of the California Civil <br /> Code. <br /> 5. INSURANCE <br /> CHDO shall acquire and maintain Workers Compensation, employer's liability, <br /> comprehensive general liability, owned and non -owned and hired automobile <br /> liability insurance coverage (if applicable as indicated below) relating to CHDO's <br /> activities funded hereunder covering City risks in a form subject to the approval <br /> of the City Attorney. The minimum amounts of coverage corresponding to the <br /> aforesaid categories of insurance per insurable event, shall be as follows: <br /> Insurance Category Minimum Limits <br /> Workers Compensation statutory minimum <br /> Employer's Liability $1,000,000 per accident <br /> for bodily injury, personal <br /> injury and property damage <br /> Comprehensive General $1,000,000 per occurrence <br /> ATTY /AGR/2010.064 3 <br /> 072910 <br />