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following policies ofnr,,uraacc on firr-m and substance rcasonably utrs,firctory to the City <br />Attorney: <br />(at) worker's compensation irr n;unce and ally insturanu <br />required by law in connection with fl,w rcbabilitation; <br />(h) prim to) connxrctxccrncrot and lollowwing completion of the <br />rel abihtaf ion, fire wand hazard "2'x1.1 risk:" rrtsau-aarcu covQr6ig 100% of the rcplaccraxural coast <br />of the Improwenacnts in the dent ol` tire, lightning, windstorm, vandahsin, rnar.liclous <br />mischief and all other risks normally covered by "all ride' covurage policies in the area <br />where Illc Property is Docatcd (including, lass by Ilood o1 the Property is in Lill area <br />designated ar subject to the danger of 1loud), <br />(e) uporr commencement Of the rehabilitation and at arll . <br />tunes prior tot comptction of the rehabilitation, bnilxler's rusk -adl risk insurance covo,,ring: <br />1005'' of the replac eixtent coast of all. Irnprovernaurts (including off "sitc materials) during the <br />eounr e of construction xix the event of fire, lightning, windstorm. vandalism, earthquake. <br />malicious mischief and all otlier risks iiormall.y covered by "all nxV Coverage poticies, rrr <br />the area w horu the Property is located (inctuding loss by flood ifthe Property is on an Elea <br />cl"ig hated as subject to the clanger Of 1`100 l); <br />(d) pnbhc lrtrbility 1111,x11- axtco° in auniounts reasonably rc;ywrirt,,d <br />by City= frx,nr tinwc to Limo, and nx no evelut less than S l ,000,000 for "srng;le occ.urtcncc;" <br />(e) property damage trlsurancc en anrcruntM reasonable <br />rcquired by City from time to tints, and in rtor event Icss than $1,000,(ltitl, and <br />(t") any other insurance reasonably required by City. <br />All sueIr rntiuranct". ~ball provide that it may not be canceled ox materially rnoo!lifiied <br />W11,11 01.0 I.hirty (30), (rays prior ww°rittcu nertice: to City. the policies required under <br />suhparagraphs (b) and (e) sl,xtill include a "Icrtder "s loss payable cndorwnreuat" in form <br />and SnbstMICC :saiklhcto y to City, showing the City as crucurnhrance. 'l'he t'ity shall he <br />named as an additional insured(s) in the policies rcdurred under subparagraphs idl and (e) <br />with primary, coverage. Certificates of inscrunce lnr the aibowc policies (and o r miginaxl <br />policies, if required by City) shall be delivered ivith.in ten (til) clays aflcr demand <br />therefore, and prior to start of tiny rehabilitation work. All policies inwairing against <br />damage to the latxpro vcrnonts sl -uill contain an agreud value clause sufficient to chnrinate <br />tally rttak erg' co- insommwe. No less than thirty (30) clays prior to the expiration of; each <br />policy, Dcweloper shalt detiwer to City cardence of renewwarl or replacement of sueb policy <br />icasonatbty satisfactory to C;ityAttorncy. <br />19.2 , C:ity:kttarrnct Mar Modify. The City Attorney <br />may modify the type and anterunts Of inSurancc rcalurrcd pursuant to this Section. <br />I U Claims and Procculina s, Developer shall }live City <br />immediate neatioe of any raster ial casualty to arty portion o l' ilic Properly, wrolictlrcr or not <br />covered by insurance, and of the initiation or IlncwQji d trrrtitation of any procccaling for <br />25H� -42 <br />