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RDA Agmt 2011 Las Palmas Development Partners
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RDA Agmt 2011 Las Palmas Development Partners
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Last modified
4/22/2011 4:53:33 PM
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4/22/2011 4:44:33 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
2/7/2011
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PERM
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Inst 2011092525
(Reference)
Path:
\City Clerk\City Council\Recorded Documents\2011
Inst 2011092526
(Reference)
Path:
\City Clerk\City Council\Recorded Documents\2011
RDA Reso 2011-002
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2011
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cancellation or reduction in coverage, but in no event later than the effective date of <br /> cancellation or reduction, file with Agency a certificate showing that the required <br /> insurance has been reinstated or provided through another insurance company or <br /> companies. Upon failure to so file such certificate, Agency may, without further notice <br /> and at its option, procure such insurance coverage at Borrower's expense, and <br /> Borrower shall promptly reimburse Agency for such expense upon receipt of billing from <br /> Agency. <br /> (h) Coverage provided by Borrower shall be primary insurance and shall not <br /> be contributing with any insurance, or self- insurance maintained by Agency, and the <br /> policies shall so provide. The insurance policies shall contain a waiver of subrogation <br /> for the benefit of the Agency. Borrower shall furnish the required certificates and <br /> endorsements to Agency prior to the commencement of construction of the Project, and <br /> shall provide Agency with certified copies of the required insurance policies upon <br /> request of Agency. <br /> • <br /> 1582106.2 18 <br />
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