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Res 1991-003
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Res 1991-003
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Last modified
7/12/2007 4:09:52 PM
Creation date
7/12/2007 4:09:52 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Amendment
Number
1991-3
Date
1/14/1991
Volume Book
101
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<br /> agents and employees from claims which may arise from services <br /> rendered under the Agreement, whether such services are rendered by <br /> the Consultant or by any of the Consultant's agents or by anyone <br /> employed by either. [,Cullbu1 LdllL, Lhe Consll1trlnt'$i; OUCCê~5~~ ;1nd <br /> <br /> alltdgnb, hel"ehy agree to maintain the 5dwe u1 b.illl.ilcu t:Y198, f ArID - <br /> <br /> .~md amouFlto of profeo~Jional liaL.il.iLy cuveLdye(~) to cover la~ftM-- <br /> - ol;1Üft:J ari~ing before or after coffipletioFl of this proj¿ct and a~ a <br /> ~e~ult -'Ûf this project for ;10 long ;10 ouch coverage is !caoonabJy <br /> <br /> availahle aftcF the coffiplction of tllis Agrecmcnt or \:111"5i 1 thE¡! <br /> expÜ. d L.iun of appl.icdule bLdLuLe(b) vi limitatioR3, whichever fir-at <br /> ~J /JreF Jb <br /> Insurance carriers insuring the Consultant in accordance with <br /> this Agreement which are not rated by the most recent edition of <br /> Best's Key Ratinq Guide, Property-Casualty, published by A.M. Best <br /> -- <br /> Company, or insurance carriers having a rating lower than B VIII as <br /> shown in the most recent edition of said book, will not be approved <br /> by Owner unless a guaranty bond acceptable to Owner from a carrier <br /> rated B VIII or higher guaranteeing payment of any and all claims <br /> against the Consultant is furnished to Owner. <br /> The stated limits of insurance required by this Paragraph are <br /> MINIMUH ONLY and it shall be the Consultant's responsibility to <br /> <br /> determine ""hat limits are adequate. These minimum limits may be <br /> basic policy limits or any combination of basic limits and umbrella <br /> limits. The Owner's acceptance of Certificates of Insurance that <br /> in any respect do not comply with the requirements of this <br /> Agreement does not release the Consultant from compliance herewith. <br /> -10- <br />
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