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FULL PACKET_2008-11-17
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FULL PACKET_2008-11-17
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1/3/2012 4:26:33 PM
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11/12/2008 2:32:21 PM
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Minimtrrn insurance company ratings as determined by the most current edition of the Best's ICc;v R rr <br />auidc/Prepc?ty-Casua.l,tyf`Onited States or ambest.com shall be "A-" (Secure Best's Rating) and "Vill" <br />(Financial Sire Category). <br />County Executive Office/Office or Risk Managcment retains the right to approve or reject carrier after a <br />review ofthe company's performance and financial ratings i f it does not meet the above standards. <br />The policy or policies of insurance maintained by the TENANTshall provide the minimum limits and <br />coverages as set forth herein below: <br />Coveraac <br />Commercial General liability, to include <br />Broad Form Property Damage Endorsement <br />and Contractual I-iability <br />Automobile .Liability, including all owned <br />and hired vehicles <br />Workers' Compensation <br />Fmplover's Liability <br />Property Insurance <br />Minimum Limits <br />$1,000,000 combined single limit <br />per occurrence <br />532,000,000 aggregate <br />$1,01;)0,000 combined single lirnit non-owned <br />per occurrence <br />Statutory Requirements <br />51,0:)0,000 per occurrence <br />1.00% of the Replacement Cost value of al I <br />structures and improvements <br />Insurance shall be in force the first day of the term ofthis lease. <br />Except as noted, each insurance policy required. by this .Lease shall include the following provisions and/or <br />endorsements: <br />A. Cancellation: This insurance shall not be cancelled, limited in scope of coverage or non-renewed <br />until after 30 days' written notice has been given to the Director. If an endorsement with such <br />cancellation provision cannot be provided, the pre:-printed ACORI) certificate must be edited as follows <br />to provide for an unconditional 30-day notice of cancellation: <br />"SHOULD ANY OF TIDE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORETHI' <br />EXPIRATION DATE TH REOF, THE ISSUING COMPANY WILL, I *I?DxEXVk)R 0 MAIL 30 <br />D 1YS' WRIT t EN NOTICE TO THE CERTIFICATE VOIDER NAMED TO THE LEFT. 13UT <br />I 1 =rrT?a"; i cE r 11a I? I.1 1 r1? 1 JI XHIO N f? r,t RR r rv r?r: rt,N ' <br />#41 N I) (41RON '1 :k?.t , r 1 Efi r'?l I'.. ?lr r? r n? u r t x::A=prt?r " <br />B. Additional Insured: "Orange County Flood Control District and the County ofOrange are added as <br />insured as respects operations of the named insured at or from the Premises occupied and used by the <br />named inured pursuant to that certain Lease issued by the Orange County Flood Control District." An <br />additional insured endorsement evidencing that Orange County Flood Control District and C minty of <br />Orange are additional insureds shall accompany the Certificate of Insurance. (Additional Insured <br />Endorsement not required for Property, Worker's Compensation and Employers' Liability.) <br />Sara Aa River € Cannel t,F OI -(21511 f <br />Edna Par, Lease (RI A' 10.29.00 6 <br />20D-10
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