Laserfiche WebLink
11. Grantee shall obtain and maintain, at its <br />sole cost, and file with City's Clerk of the Council, prior <br />to exercising any rJ.ght or performing any obligation pursuant <br />to this Agreement, a policy or policies of comprehensive <br />liability insurance, satisfactory to the City Attorney of <br />City, naming City, its officers, agents and employees, as <br />insureds or additional named insureds. Said insurance shall <br />provide coverage against liability for any and all claims <br />and suits for damages or injuries to persons or property <br />arising out of the construction, reconstruction, operation, <br />maintenance, use, presence and removal of the structure. <br />Said policy or policies: of insurance shall provide coverage <br />for both bodily injury and property damage in not less than <br />the following minimum amounts: Five Hundred Thousand Dollars <br />($500,000.00) combined single limit, or equivalent. Said <br />policy or policies shall also contain a provision that no <br />termination, cancellation or change of coverage or of insureds <br />or additional insureds shall be effective until after thirty <br />(30) days notice thereof has been given in writing to City. <br />Said policy or policies shall further provide primary coverage <br />on behalf of the City, its officers, agents and employees to <br />the full limits of liability. <br />12. Grantee shall indemnify and save harmless <br />City, its officers, agents and employees, from and against <br />-5- <br />