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Item 16 - Affordable Housing Project at 801, 807, 809 and 809 ½ E. Santa Ana Blvd
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Item 16 - Affordable Housing Project at 801, 807, 809 and 809 ½ E. Santa Ana Blvd
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City Clerk
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Agenda Packet
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Clerk of the Council
Item #
16
Date
12/7/2021
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<br />Page | 25 <br />9138-126780\1512539.3 <br />$2,000,000 aggregate <br />Automobile Liability including coverage for owned, <br />non-owned and hired vehicles <br />$1,000,000 limit per occurrence <br />Workers' Compensation Statutory Minimum <br />Employers' Liability Insurance $1,000,000 per occurrence <br /> <br />(f) The policy or policies of insurance maintained by the TENANT <br />AFTER CONSTRUCTION shall provide the minimum limits and coverage as set forth below: <br />Coverages Minimum Limits <br />Commercial General Liability <br />Including Sexual Misconduct (defined as abuse, <br />molestation and assault and battery) <br />$5,000,000 per occurrence <br />$5,000,000 aggregate <br />Automobile Liability including coverage for owned, <br />non-owned and hired vehicles <br />$1,000,000 limit per occurrence <br />Workers' Compensation Statutory Minimum <br />Employers' Liability Insurance $1,000,000 per occurrence <br />Commercial Property Insurance on an "All Risk" or <br />"Special Causes of Loss" basis covering all <br />buildings, contents and any tenant improvements <br />including Business Interruption/Loss of Rents with <br />a 12 month limit <br />100% of the Replacement Cost Value <br />and no coinsurance provision <br /> <br />Tenant shall provide a builder’s risk policy, naming the Contractor, providing coverage for the full <br />project value and no coinsurance provision. The policy shall provide coverage for all perils excluding <br />earthquake, and flood. Tenant is responsible for any deductible amount. Housing Authority of the <br />City of Santa Ana shall be named as Loss Payees as its financial interests may appear. This shall be <br />evidenced by a Loss Payee endorsement which shall accompany the Certificate of Insurance. <br /> <br />The Builder's Risk policy shall not be required to cover any tools, equipment, or supplies, unless <br />such tools, equipment, or supplies are part of the Work being constructed. The Contractor shall be <br />responsible for securing and maintaining appropriate insurance on any tools, equipment, or supplies <br />that are not part of the work being constructed. <br /> <br />The Contractor waives all rights against each other and the subcontractors, sub-subcontractors, <br />officers, and employees of each other, and the Contractor waives all rights against ’s separate <br />EXHIBIT 5
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