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07/11/2005 Council Packet
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07/11/2005 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
07/11/2005
Council Meeting Type
Regular
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improvements as more fully described in the approved plans and following issuance of a Certificate <br />of Occupancy. <br />INSURANCE <br />Developer or all its subcontractors shall take out and maintain until one (1) year after the <br />City has accepted the private improvements, public liability and property damage insurance <br />covering personal injury, including death, and claims for property damage which may arise out of <br />the Developer's Work or the Work of its subcontractors or by one directly or indirectly employed by <br />any of them. Limits for bodily injury and death shall be not less than Five Hundred Thousand and <br />no /100 ($500,000.00) Dollars for one person and One Million and no /100 ($1,000,000.00) Dollars <br />for each occurrence; or a combination single limit policy of One Million and no /100 <br />($1,000,000.00) Dollars or more. The City, its employees, its agents and assigns shall be named as <br />an additional insured on the policy, and the Developer or all its subcontractors shall file with the <br />City a certificate evidencing coverage prior to the City signing the plat. The certificate shall provide <br />that the City must be given ten (10) days advance written notice of the cancellation of the insurance. <br />The certificate may not contain any disclaimer for failure to give the required notice. <br />REIMBURSEMENT OF COSTS FOR DEFENSE <br />The Developer agrees to reimburse the City for all costs incurred by the City in defense of <br />enforcement of this Agreement, or any portion thereof, including court costs and reasonable <br />engineering and attorneys' fees if the City prevails in such action. <br />
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