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EXHIBIT 2
<br /> foregoing, to the extent required by Civil Code Section 2782,8,the above indemnity shall be
<br /> limited to the extent claims arise out of,pertain to, or relate to the negligence,recklessness, or
<br /> willful misconduct of Grantee.
<br /> (b) Notwithstanding the foregoing,neither Grantee,nor any of its partners,
<br /> shall be personally liable for any indemnification obligation hereunder that would result as the
<br /> repayment of the Grant,
<br /> 13.3 Reimbursement of City. With respect to the indemnification obligations under
<br /> this Article 14, Grantee shall reimburse City immediately upon written demand for all costs
<br /> reasonably incurred by City(including the reasonable fees and expenses of attorneys,
<br /> accountants,appraisers and other consultants, whether the salve are independent contractors or
<br /> employees of City)in connection with the enforcement of the Grant Documents and all related
<br /> matters, including all claims, demands, causes of action, liabilities,losses, commissions and
<br /> other costs against which City is indemnified lender the Grant Documents. Such reimbursement I
<br /> obligations shall bear interest from the elate occurring twenty (20)days after City gives written 1
<br /> demand to Grantee, Such reimbursement obligations shall survive the issuance of a Certificate
<br /> of Completion and termination of this Agreement.
<br /> 14. INSURANCE, CASUALTY AND CONDEMNATION
<br /> 14.1. Policies Ae uired• Minimum Coverage. Grantee shall procure and maintain for f
<br /> the duration of the contract, and for five(5)years thereafter, insurance against claims for injuries
<br /> to persons or damage to property which may anise from or in connection with the performance of j
<br /> the work hereunder by the Contractor, its agents, representatives, employees,and sub-
<br /> contractors, which meets the following minimum requirements:
<br /> (a) Commercial General Liability (CGL). Insurance Services Office(ISO)
<br /> Form CG 0001 covering CGL on an"occurrence"basis,including products and completed
<br /> operations,property damage,bodily injury and personal&.advertising injury with limits no less j
<br /> than$3,000,000 per occurrence and$5,000,000 in the aggregate.Umbrella and excess insurance 1
<br /> policies can be used to meet the required limits.
<br /> (b) Automobile Liability(AL). Insurance Services Office Form CA 0001
<br /> covering Code 1 (any auto), with combined single limit no less than$5,000,000.
<br /> (e) Workers'Compensation (WC). As required b the State of California,
<br /> ,
<br /> with statutory limits,and.Employers' Liability insurance with a limit of no less than$1,000,00 0
<br /> per accident,policy, employee for bodily injury or disease.
<br /> (d) Builder's Risk(Course of Construction) (SR). Utilizing an"All Risk"
<br /> (Special Perils)coverage form, with limits equal to the completed value of the project and no co-
<br /> insurance penalty provisions.
<br /> (e) Surety Bonds as described below,
<br /> (f) Professional Viability (PL). With limits no less than$1,000,000 per
<br /> occurrence or claim,and$2,000,000 policy aggregate.
<br /> City Council 16 — 32 5/19/2026
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