FULL AGENDA PACKET 2021-07-06 - Laserfiche WebLink

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EXHIBIT 1 CITY which shall clearly evidence all coverages required ahovc; (2) provide that such insurance shall not be materially changed or terminated except on 30 day; prior written notice to the C.'TTY; (3) maintain such irisuralce ('or the period coy cram by this Agra:mcut; and (4) replace sushi wriifirucs for policies expiring prior to the expiration of this Agecment 2. Automobile Liability Covoraoc. SUBRECIPIENT shall also obtain and maintain; during the cffeerivc period of dims Agreement, broad form auwnnobile liability coWl;1gc with a $1,000,0001iInit unless raluced by CITY. which applies to bah owned/lcaucd ;uul non -owned awomobiles used by SUBRECIPIENT employees or participants in performance of this A�grccmcnt, or, in the event that SUBRICIPIENT will not utilize such owned/leased automobiles but intend; to require employees, participants or other agents to utilize their own automobiles in the pa l'ormattec of this Agreement, SUBRI.CIPIFN I shall seeurc anti m&iuraim im file from all such etnployccs, participanr,4' or agents as sell -certification of automobile In]tn-anee COVeraLe. GOVelrnlentitl entities may provide proof ulsell- insurance. 3. Workers' Compcnsation. Tf STTRRFC'TPIFNT ie an "employer", as ;Cl. forth in C'alil'otria Labor Code Section 3300 cl scq., or ulilizcs participanls as "employees." as set forth in California Labor Code Section 1350 et seq., SUBRECIPIENT shall obtain and keep in fore during the term of this Agreement full Wokers' Compensation insurance coverage for injuries suflered by participants. Said insurance policy Shall gltaranree CITY at lcasr rhirry (30) days written notice of cancellation or rnudi ficanun. 4. Equipment Coverage. SUBRECIPIENT shall purchase a policy or policies of insurance covering loss or damage to any and all Equipment provided to or purchased by SUBRECIPIENT in accordance wilh this Agreemenl. Said in3urailec shall be in the amount of the full replacxment value dlercur, providing protection against the classification or fire, extended coverage, vandalism, malicious mischief; dnell, and special extended perils. Governmental entities may sAstivae it certificate of sell- histrance. .5. Proof of hlsurailec. Ccl-tiftcatcs and cn(lorsements must be submitted and approved b Cl I prior to any woil< under this Agreement. SUBRFOPIFN I- understands that Cl I will make no payments under this Agreement wail the required certificates and endorsements have been approved by CITY. XI. REVERSION OF ASSETS A. Upon the expiration of this Agreement, SUBRECIPIENT shall transfer ro CITY any CD13G hinds on hand at the time of the expiration of this Ag.reerncnt as well as any account; receivable attributable ro ncv um: of CDBG fimdS. [24 CPR 570.503(b)(7)) B. Any real property under SUBREC IPIENI's control that was acquired or improved in whole or ill part with CDBG finds in excess of $25,000.00 must either he- 1 . Used, wheru CITY has given wliucn approval, to meet one of ilmc national objectives stated in 24 CFR 570?0H until five (5) years atter expiration ofthis Agreement, or for such longer period of time as determined to be appropriate by CITY; or 2. Tf not used in aecordanec with subparagraph 1 above, STIHRFC'TPTF.NT shall pay to C14Y an announl equal io the aulrnl lair nialket value of the property less any portion of the sahtc eu-ibutable to the expenditure otlnon-(:DB(i ftnds t6r acquisition of, or improvettent to, the property. SLiCh payment is program income to CITY. City Council I ) 14 — 15 7/6/2021