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10
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2012
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071712 Special Meeting
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10
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7/16/2012 12:23:28 PM
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7/13/2012 1:37:05 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
7/17/2012
DESTRUCT DATE
15Y
DOCUMENT NO
10
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Combined Single Limit on Bodily Injury and <br />Property Damage Liability of $1,000,000. <br />C. All insurance companies affording coverage to the Subdivider shall be required to add the <br />City of Pleasanton as an "additional insured" under the insurance policy by endorsement <br />for all work performed in accordance with this Agreement, excluding workers' <br />compensation insurance. <br />D. All insurance companies affording coverage to the Subdivider shall be insurance <br />organizations authorized by the Insurance Commissioner of the State Department of <br />Insurance to transact business of insurance in the State of California with a Best's rating <br />of not less than A:VII. <br />E. All insurance companies affording coverage shall provide thirty -day (30) written notice <br />to the City should the policy be canceled before the expiration date. For the purposes of <br />this notice requirement, any material change in the policy prior to the expiration shall be <br />considered a cancellation. <br />F. Subdivider shall provide evidence of compliance with the insurance requirements listed <br />above by providing a certificate of insurance, in a form satisfactory to the City Attorney, <br />concurrently with the submittal of this Agreement. <br />G. Subdivider shall provide a substitute certificate of insurance no later than thirty (30) days <br />prior to the policy expiration date. Failure by the Subdivider to provide such a <br />substitution and extend the policy expiration date shall be considered a default by <br />Subdivider and may subject the Subdivider to a Stop Work Notice until the Subdivider <br />has cured the default. <br />H. Subdivider shall provide insurance that is primary as respects the City, its officers, <br />employees, officials and agents. <br />I. Maintenance of insurance by the Subdivider as specified in this Agreement shall in no <br />way be interpreted as relieving the Subdivider of any responsibility whatever and the <br />Subdivider may carry, at its own expense, such additional insurance as it deems <br />necessary. <br />J. The insurer shall agree to waive all rights of subrogation against the City, its officers, <br />officials, employees, officials and agents for losses arising from work performed by the <br />Subdivider. <br />K. The insurer shall provide the amount of self - insured retention and City shall have the <br />right to deny insurance coverage if it deems the self - insured retention exceeds reasonable <br />deduction. <br />Subdivision Agreement - Tract 8112 Page 5 of 7 <br />
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