Deed - 2160 Marina Blvd - File 1091, 1982

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seC2rit apprci!ed as form by the City attorney and acceptable to the City. When payment is made in escrow, the instructions covering said escrow shall be in a form approved by City. 9. Public Liabilitv Insurance. The Owner shall take out and maintain in the or the owner's representative, name of the Owner/,and the Citv during the life of the contract, such Public Liability Insurance as shall protect himself, the City, its officials, officers, directors, employees and agents from claims which may arise from operations under the contract, whether such operations be by himself, by the City, its officials, officers, directors, employees and agents, any subcontractors, or by anyone directly or indirectly employed by either of them. This liability insurance shall include, but shall not be limited to, protection against claims arising from bodily and personal injury and damage to property, resulting from the Owner's, City's or subcontractor's operations, use of owned or nonowned automobiles, products, and completed operations. The amounts of insurance shall not be less than the following: Single Limit Coverage applying to Bodily and Personal Injury iiability and Property Damage: $1,000,000.00 The following endorsements must be attached to the policy: (1) If the insurance policy covers on an "accident" basis, it must be changed to "occurrence". (^) The policy must cover Personal Injury as well as bodily injury. (3) The policy must cover complete contractual liability. Exclusions of contractual liability as to damage MUST BE ELIMINATED for the basic policy endorsements. 0 (4) BROAD FORM property damage liability must be afforded. Permission is granted for deductible which shall not exceed $500.00 without special approval of the City. (5) The City must be named as a named insured under the coverage afforded with respect to the work being performed under the contract. (6) An endorsement shall be provided which states that the coverage is PRIMARY INSURANCE and that no other insurance effected by the City will be called upon to contribute to a loss under this coverage. (7) Standard form of cross -liability. (8) Thirty (30) days notice of cancellation.