FULL AGENDA PACKET_2021-04-06 - Laserfiche WebLink

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inaccessible by a risk inswed against by a policy of samdard tiro; and extended covesgQ insurance, with vandalism and malicious rcrischief endorsements. 1. The following requirements apply to the insurance to be provided by Tenant pursuant to this section: i. If life "feuant maintains bn7ader coveragc and/or higher limits than the minimums shown above, the Landlord shall be entitled to the broader coverage aftdlor higher limits maintained by the Tenant. Any available insurance proceeds in excess of the specified minimum hnuts of insurance and coverage shall be available to the landlord. J. Tenant shall maintain all insmance required above in full force and effect for the entire period covered by this Agreement. ill. Certificates of insurance shall be furnished to the landlord upon execution of this Agreement. iv. Certificates and policies shall state that the policies shall not be cancelled or reduced ill coverage or changed in any other material aspect without Thirty (30) days prior written notu c to the Cfry, except fin' 10 days, notice for non-payment ofpremiuor. v. 11' 1 enam f,uk or refhses to produce or ntaiutaio the insurance required by this section or fails or fetuses to furnish the Landlord with required proof that insurance has been procured and is in once and paid for, the. Landlord shall have the right, at the Landlord's election, to forthwith terminate this Aggreement as provided herein. 18. DAMAC BY ('ASUAL:IY (a) In the event of a Tire or other casualty in the premises, Tenant shall immediately give notice thereof to 1_audlord. (b) if fire Premises, through no fault of Tenarn, its agents, employees, invitees, or visitors, shall be partially destroyed by fire or other casualty so its to render the Premises untenaomh1e as reasonably determined by Landlord, Rent shall abate in proportion to the percentage of square fhotaf, c of the Premises rondercd unusable until such time as the Premises are made tonantable as reasonably determined by Landlord. 'I lie entire Premises shall be made tenantable by Landlord's diligent repair within sixty (60) days hollowing the fire or casualty incident. (c) Except where Landlord is not obligated to repair or rebuild the Building or the Premises, Landlord will use due diligencee to repair or rebtfild [he same (except that Landlord will have no obligation to repair or replace any alteration, addition, of improvements to the Premises other that the 1 umi f It oprovements installed at Landlord's expense which will be repaired only to the level of Building Standard huprnvemerns). &nb�p; C:iry C:OunCil  12 –&nbsp:S 4/6/2021 &nbsp,