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�ur�nce C�tegorv Minim�Limits <br /> Workers'Compensation Statutary minimum. <br /> Employer's Liability $1,000,000.00 per�ccident for bodily injury or disease. <br /> Commercial Gener�l Liability $1,OOO,fK1U.00 per occuirence,S2,QOO,OOO.UO a�greg�te for <br /> bodily injury,personal injury and property damage. <br /> Automobile Liability �2,d00,000.U0 ptr occurrence for bodily injury ar�d prc�erty <br /> damage(coverage required to the extent applic�ble to <br /> Contractor's vehicte us�ge in perfornung work hereunder). <br /> 18.2 Any deductibles ar�elf-insured retentions must be declared to,and spprovEd by <br /> City. At the option of City either Developer's insurer shali reduce or eliminate the deductibtes or <br /> self-insured retentions with respect to City, iY$ Council, commissions, boards, comanittees, <br /> officers,employees and agents or Developer shall procure a bond guaranteeing payment af losses <br /> and related investigations,claim administration and defense expenses. <br /> 18.3 Concurrently with the execution of ttnis Agreement,Develaper�h�ll furnish City <br /> with certific�tes �nd copies of information or declar�tian pages of the insur�nce required <br /> hereunder and, with resp�ct to evidence of cammercial general li�bility and�utomobile lisbility <br /> insurance coverage,origin�l endnrseinents: <br /> (a) Precluding cancellatio� or reduction in covtr�ge before the <br /> expiration of thirty (3U) d�ys after City shall have received written <br /> notific�tion of cancellatian ar reduction in cover�ge by first cls.ss mail, <br /> po�tage prepaid; <br /> (b) Providing th�t Develaper's insurance sh�ll apply sepa�rately <br /> to each insured against�rhom claim is made or suit is brought,except with <br /> respect to the limits of the insurer's liability(cross liability endorsements); <br /> (c) Naming City, its Council, commissions, boards, <br /> committees,officers,employees and agents as additional insureds;and <br /> (d) Providing that Developer's insuranee shall be primary <br /> insurance relating to Cantractor's work hereunder with respect to City, its <br /> Council, commissions, boards, committees, officers, employees and <br /> Agents, and further providing that �ny insurance or self-insurance <br /> maintained by City for itsel� its Council, commissions, boards, <br /> committees, officers, employees and agents shall not be excess of <br /> Contractor's insw�►ce and shall not be contributory wi�h it. Such <br /> insurance shall also specifically insure any contr�ctual liability assumed <br /> by Developer under the terms of this Agreement, including, but not <br /> limited to,ttie provisions of subsecrion(�)above. <br /> REV:03-14-14 VR <br /> PaQe i of!9 <br /> ATTY/AGR.2014.034/One Marina Final Phase-4mprovement Agreement <br />