2017-11-08 CC Packet - Laserfiche WebLink

Home Browse Search

by one directly or indirectly employed by any of them. Limits for bodily injury and death shall be not less than$500,000 for one person and $1,000,000 for each occurrence; limits for property damage shall be not less than $200,000.00 for each occurrence; or a combination single limit policy of$1,000,000 or more. The City shall be named as an additional insured on the policy, and the Developer shall file with the City a certificate evidencing coverage prior to the City approving this Development Agreement. The certificate shall provide that the City must be given ten (10)days advance written notice of the cancellation of the insurance. The certificate of insurance shall substantially comply with the form attached hereto as Exhibit C. 1. Each right,power or remedy herein conferred upon the City is cumulative and in addition to every other right,power or remedy,express or implied,now or hereafter arising, available to City, at law or in equity,or under any other agreement, and each and every right,power and remedy herein set forth or otherwise so existing may be exercised from time to time as often and in such order as may be deemed expedient by the City and shall not be a waiver of the right to exercise at any time thereafter any other right,power or remedy. J. The Developer may not assign this Agreement without the written permission of the City Council. The Developer's obligation hereunder shall continue in full force and effect even if the Developer sells one or more lots,the entire Plat,or any part of it. K. The Developer shall hold the City and its officers, employees,and agents harmless from claims made by it and third parties for damages sustained or costs incurred resulting from Plat development. The Developer shall indemnify the City and its officers, employees, and agents for all costs, damages, or expenses that the City may pay or incur in consequence of such claims, including attorneys' fees. vrco--2017-11-03 Page 16 31