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05-27-2026 Council Packet
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05-27-2026 Council Packet
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6/12/2026 8:22:05 PM
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96 <br />Confidential Information of R4 Capital Funding LLC <br /> <br /> <br />Little Canada-Lupe - Borrower Loan Agreement - LC Apartments(199386221.3) - 5/12/2026 6:38:21 PM <br /> <br />R4 Capital Funding LLC <br />Tax Exempt Bond Investment Standards <br /> <br />v4.4 March 2022 <br /> <br />k) Unacceptable Exclusions: <br />(i) “Limitation of Coverage to Designated Premises or Project”, ISO CG 21 44 07 98, or its <br />equivalent <br />(ii) Residential work exclusions or limitations, or subcontractor warranty provisions <br />(iii) Professional Liability exclusions are not to apply to bodily injury, personal injury, or <br />property damage liability <br /> <br />2. Vehicle Liability Insurance. <br />a) Policy Form: ISO Business Auto form CA 00 01, or its equivalent <br />b) Named Insured: General Contractor and their respective employees, agents, subsidiaries, affiliates. <br />c) Additional Insureds: “Partnership”, “General Partner”, “Limited Partner, ISAOA” and R4 Capital <br />LLC (for R4 Equity) and “Fiscal Agent or Trustee” (as designated by R4CF), R4 Capital Funding <br />LLC and R4 Servicer LLC (for R4CF Debt) <br />d) Limit: $1,000,000 combined single limit per accident <br />e) Insurance shall include coverage for owned, leased, hired, and non-owned vehicles used in the <br />course of employment for the Named Insured. <br /> <br />3. Workers’ Compensation and Employer’s Liability Insurance. <br />a) Named Insured: General Contractor <br />b) Certificate Holder: “Limited Partner, ISAOA” and R4 Capital LLC (for R4 Equity) and “Fiscal <br />Agent or Trustee” (as designated by R4CF), R4 Capital Funding LLC and R4 Servicer LLC (for <br />R4CF Debt) <br />c) Limits: <br />Worker’s Compensation: <br />Per Statute <br /> <br />Employers Liability: <br />$1,000,000 each accident bodily injury <br />$1,000,000 policy limit bodily injury <br />$1,000,000 per employee disease <br />Or minimum limits required by Umbrella <br /> <br />If the employer is domiciled in the states of North Dakota, Ohio, Wyoming, or Washington <br />(commonly known as “Monopolistic Workers Compensation” states), proof of Worker <br />Compensation coverage through the State Fund must be provided, and proof of Stop Gap
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