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2010-022
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2010-022
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Last modified
11/24/2015 2:19:24 PM
Creation date
10/1/2015 1:58:06 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Lease
Approved Date
01/19/2010
Control Number
2010-022
Agenda Item Number
8.B.
Entity Name
Cumberland Farms,Inc.
Subject
Lease Agreement Oslo Road and 27th Avenue
Supplemental fields
SmeadsoftID
9548
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SECTION III - INSURANCE <br /> 1 . Indemnification and Insurance. Upon the Effective Date, Tenant shall not operate the <br /> Business until they have obtained all the insurance required under this section, and until such <br /> I <br /> nsurance has been approved by the County. Tenant will purchase and maintain such insurance as <br /> follows : <br /> A. Workers' Compensation Insurance : Tenant shall procure and maintain workers' <br /> compensation insurance to the extent required by law for all employees to be <br /> engaged in work under this Agreement. In case any employees are to be engaged in <br /> hazardous work under this Agreement and are not protected under the workers' <br /> compensation statute, the Tenant shall provide adequate coverage for the protection of <br /> such employees . <br /> B. Public Liability Insurance : Tenant shall procure and shall maintain broad form <br /> commercial general liability insurance (including contractual coverage) and <br /> commercial automobile liability insurance in amounts not less than shown below . <br /> The County shall be an additional named insured on this policy with respect to all <br /> claims arising out of the operations or work to be performed. <br /> G Commercial General Liability $500,000 combined single limit for bodily <br /> (other than automobile) injury and property damage, or current linuts <br /> of liability, whichever is greater <br /> i) Premises/Operations <br /> ii) Products/Completed Operations <br /> iii) Personal Injury <br /> iv) Contractual Liability <br /> D. Business Auto Liability $500,000 combined single limit for bodily <br /> injury and property damage, or current i) i) <br /> Owned/Leased Automobiles limits of liability, whichever is greater ii) <br /> ii)Non-Owned Automobiles <br /> iii ) Hired Automobiles <br /> E Storage Tank Liability Insurance coverage in the amount of $ 1 , 000,000, or current <br /> limits of liability, whichever is greater, shall be maintained on the leased premises <br /> throughout the term of this lease . The County shall be named as an additional <br /> insured on this policy. <br /> 2 . Proof of Insurance : Tenant shall furnish the County a certificate of insurance in a form <br /> acceptable to the County for the insurance required. Such certificate or an endorsement provided by <br /> Tenant must state that the County will be given thirty (30) days written notice prior to cancellation <br /> or material change in coverage . Copies of an endorsement naming County as Additional Insured <br /> must accompany the Certificate of Insurance . <br /> 3. General Requirements of Insurance. Tenant' s insurance coverage shall be primary . All <br /> above insurance policies shall be placed with insurers with a Best's rating of no less that A-VII . The <br /> insurer chosen shall also be licensed to do business in Florida. The insurance policies procured <br /> shall be per occurrence policies or as generally available on the open insurance market. The <br /> Insurance Carriers shall supply Certificates of Insurance evidencing such coverage to the Indian <br /> River County Risk Management Department upon execution of this Agreement. The insurance <br /> companies selected shall send written verification to the Indian River County Risk Management <br /> 4 <br />
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