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City Draft <br /> 6/28/13 <br /> 4.12 Insur�nce. The Developer, to protect the City Farties against any and all <br /> claims and liability for death, injury, lass and damage resulting from the <br /> De�eloger's actions in connection with this Agteement,the Site and the <br /> Project, shall, at the Developer's sole cost and expense,until issuance of a <br /> Certif cate of Completion for the Project, rnaintain the following insurance <br /> (or its then reasonably available equivalent): (a)Liability Insurance; <br /> (b}Builder's Risk Insurance; and(c) Worker's Compensatian Insurance. <br /> Additionally,the Developer, to protect the City Parties, shaIl cause its <br /> contractors and subcontractars, at their sole cost and expense, unhl <br /> issuance of a Certificate of Completion for the Project, to maintain <br /> Contractor's Insurance......................................................................................... 34 <br /> 4.13 Certi�c�te of Completion.................................................................................. 35 <br /> ARTICLE 5 SPECIAL DEVELOPMENT COVENANTS OF THE DEVELOPER................. 38 <br /> 5.1 No Conveyance to Tax Exempt Entity............................................................. 38 <br /> 5.2 Maintenance Condition of the Site. The Developer for itself, its <br /> successars and assigns, covenants and agrees that: .............................................38 <br /> 5.3 Local Contractors and Consultants. The Developer shall use <br /> cornmercially reasonable efforts to use local contractors and consultants <br /> whenever possible during the planni�g and construction of the <br /> improvements on the Site. "Local" is defined as businesses or persons <br /> whose offices are located or who reside witl�in the City of Redwood City. <br /> The City shall have the right to review any bid process that may be <br /> eznpioyed by the Developer to ensure compliance with the foregoing. The <br /> Developer shaIl provide the City with a11 inforrnation the City requests <br /> regarding any such bid process. If Develaper, after using its good faith <br /> reasonable efforts to seek bids from local contractors and consultants, <br /> hi�es other contractors or consultants,Developez�shall not be deemed to be <br /> in default af this Agreeznent. Upon the issuance of a Certificate of <br /> Completion for the Proj ect,this Section 5.3 shall be of no further force or <br /> effect. Nothing in tl�is Section 5.3 shall be construed to provide any rights <br /> to local contractors or consultants as third-party beneficiaries............................40 <br /> 5.4 Taxable Sales. The Developer shall use commercially reasona.ble efforts <br /> to ensure that the City is the point of sale for all taxable sales used in or on <br /> tbe Project, to the extent pernutted under the Bradley-Burns Unifarna <br /> Sa1es and Use Tax Law{commencing with Section 7200 of the California <br /> Revenue and Taxation Code), or any successor Iaw. Upon the issuance of <br /> a Certificate of Completion for the Project,this Section 5.4 shall be of no <br /> furtherforce or effect...........................................................................................41 <br /> 82483.4000917571312.1D viii <br />