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Last modified
1/14/2020 1:50:51 PM
Creation date
1/14/2020 1:26:51 PM
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Contracts
Company Name
SEQUOIA FOUNDATION
Contract #
N-2020-004
Agency
PUBLIC WORKS
Expiration Date
4/30/2020
Insurance Exp Date
1/1/1900
Destruction Year
2025
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a. Commercial General Liability Insurance: Commercial general liability <br />insurance for injury to person (including death) or damage to property occurring within the <br />building arising out of the use and occupancy thereof by Tenant, its licensees, employees, <br />invitees, agents and customers. The amounts of insurance shall be not less than the following: <br />single limit coverage applying to bodily and personal injury, including death resulting therefrom, <br />and property damage, in the total amount of $2,ODO,000 per occurrence and $5,000,000 in the <br />aggregate. Such insurance shall (a) name the City, its officers, employees, agents, volunteers <br />and representatives as additional insured(s); (b) be primary and not contributory with respect to <br />insurance or self-insurance programs: maintained by the City; and (c) contain standard separation <br />ofinsurods:provisions, <br />b, Business automobile liability insurance, or equivalet.it form, with a <br />combined single limit of not less than $5,Op0,4WO per occurrence. Such insurance shall include <br />coverage for owned,hired and non -owned automobiles, <br />C. Worker's Compensation Insurance, In Accordance with the provisions of <br />Section MOO of the Labor Code, Tenant, if Tenant has any employees, is required to be insured <br />against liability for worker's compensation or to undertake self-insurance. Prior to commencing <br />the performance of the work under this Agreement, Tenant.agrees to obtain and maintain any <br />employer's liability insurance with limits not less than S 1,000,000 per accident. <br />d. Property Insurance. Tenant shall maints"rn.not less than $1,000,000 Aire <br />Legal liability on all real property being leased, including improvements and betterments owned <br />by the Landlord,, and shall name the Landlord as a loss payee. Tenant shall also provide fire <br />insurance on all personal .property contained within or on the leased premises. The policy must <br />he written on an "till risks" basis,excluding earthquake and flood, The Tenant shall name the <br />Landlord as additional insured, <br />e. Interruption of Business insurance. Tenant shall, at its sole cost and <br />expense, maintain business interruption insurance by which the minimum monthlyrent will be <br />paid to Landlord for a period of up to (1) year if the premises are destroyed or rendered <br />inaccessible by a risk insured against by a policy of standard fire and extended coverage <br />insurance, with vandalism and malicious mischief endorsements. <br />f. The following requirements apply to the insurance to be provided by <br />Tenant pursuant to this section: <br />i. If the Tenant maintains broader coverage and/or .higher limits than Coe <br />minimums shown above, the Landlord shall be entitled to the broader <br />coverage and/or higher limits maintained by the Tenant..Any available <br />insurance proceeds in excess of the specified minimum limits of insurance <br />and coverage shall be available to the Landlord. <br />4 <br />
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