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performing work connected with grading, regrading or changing the line of a
<br />Right -of -Way or public place or with the construction or reconstruction of a sewer
<br />or water system.
<br />9.3.4 The Grantee shall not be required to indemnify the City for negligence or
<br />misconduct on the part of the City or its officers, boards, committees,
<br />commissions, elected or appointed officials, employees, volunteers or agents,
<br />including any loss or claims.
<br />9.4. Insurance.
<br />9.4.1 As a part of the indemnification provided in Section 9.3, but without limiting the
<br />foregoing, Grantee shall file with the Commission at the time of its acceptance of
<br />this Franchise, and at all times thereafter maintain in full force and effect at its
<br />sole expense, a comprehensive general liability insurance policy, including
<br />broadcaster' s/cablecaster' s liability and contractual liability coverage, in
<br />protection of the Grantee, the Commission, the City and its officers, elected and
<br />appointed officials, boards, commissions, commissioners, agents, employees and
<br />volunteers for any and all damages and penalties which may arise as a result of
<br />this Franchise. The policy or policies shall name the City and the Commission as
<br />an additional insured, and in their capacity as such, City and Commission officers,
<br />elected and appointed officials, boards, commissions, commissioners, agents,
<br />employees and volunteers. The broadcasters'/cablecasters' liability coverage
<br />specified in this provision shall be subject to Section 9.3 above regarding
<br />indemnification of the City.
<br />9.4.2 The policies of insurance shall be in the sum of not less than $1,000,000.00 for
<br />personal injury or death of any one Person, and $2,000,000.00 for personal injury
<br />or death of two or more Persons in any one occurrence, $1,000,000.00 for
<br />property damage to any one Person and $2,000,000.00 for property damage
<br />resulting from any one act or occurrence.
<br />9.4.3 The policy or policies of insurance shall be maintained by Grantee in full force
<br />and effect during the entire term of the Franchise. Each policy of insurance shall
<br />contain a statement on its face that the insurer will not cancel the policy or fail to
<br />renew the policy, whether for nonpayment of premium, or otherwise, and whether
<br />at the request of Grantee or for other reasons, except after sixty (60) days advance
<br />written notice have been provided to the Commission. The Grantee shall not
<br />cancel any required insurance policy without submission of proof that the Grantee
<br />has obtained alternative insurance satisfactory to the City which complies with
<br />this Franchise.
<br />9.4.4 All insurance policies shall be with sureties qualified to do business in the State of
<br />Minnesota, with an A-1 or better rating of insurance by Best's Key Rating Guide,
<br />Property/Casualty Edition, and in a form approved by the City.
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