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2008-160
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2008-160
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Last modified
4/4/2016 10:52:15 AM
Creation date
10/1/2015 12:11:28 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
05/20/2008
Control Number
2008-160
Agenda Item Number
8.K.
Entity Name
NAP Indian River LLC
North American Properties
Subject
Developer's Agreement Harbor Point Intersection improvements
Commercial shopping center
Area
53rd St. East of US 1
Supplemental fields
SmeadsoftID
7033
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B . There shall be no more than $ 5,000 .00 deductible per claim amount unless <br /> approved by the County Risk Manager. Any deductibles or self-insured retentions greater than <br /> $ 5,000.00 must be approved by the Risk Manager for Indian River County with the ultimate <br /> responsibility for same going to the Developer. <br /> C . Developer' s insurance coverage shall be primary. <br /> D. All above insurance policies shall be placed with insurers with a Best' s rating <br /> of no less than AV. The insurer chosen shall also be licensed to do business in Florida. <br /> E. The insurance policies procured shall be per occurrence policies or as <br /> generally available on the open insurance market. <br /> F. The insurance carriers shall supply Certificates of Insurance evidencing such <br /> coverage to the Indian River County Risk Management Department prior to the commencement of <br /> any work in a County right-of-way. <br /> G. The insurance companies selected shall send written verification to the Indian <br /> River County Risk Management Department that they will provide thirty (30) days written notice <br /> to the Indian River County Department of Risk Management of its intent to cancel or terminate said <br /> policies of insurance. <br /> H. A written safety inspection plan must be submitted to the Indian River County <br /> Risk Management Department for approval prior to the commencement of any work in a County <br /> right-of-way. <br /> I. Developer or Developer' s Contractor shall include in all subcontracts for <br /> subcontractors the above insurance requirement or show them as insured under its policies or shall <br /> furnish separate certificates and endorsements for each subcontractor. All coverages for <br /> subcontractors shall be subject to all of the requirements stated herein. <br /> J. Developer hereby agrees to indemnify Indian River County and <br /> representatives thereof from personal injury and property damage claims that arise from intentional, <br /> reckless or negligent acts, errors or omissions of the Developer or Developers' representatives that <br /> occur in the construction of the Road Improvements under this Agreement for which Developer is <br /> responsible to construct under this Agreement. The foregoing indemnity of Developer shall be <br /> limited solely to those personal injury and property damage claims that arise during the period of <br /> time Developer is actually constructing said Road Improvements and Developer shall not indemnify <br /> Indian River County, and Indian River County shall hold Developer harmless, for any claims arising <br /> after the completion and acceptance of said Road Improvements by Indian River County. To the <br /> 5 <br />
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