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City of Everett <br /> Community Development Block Grant Program Agreement <br /> A. Insurance&Bonding <br /> Public Liability and Property Damage: The Grantee shall maintain during the life of this Contract public liability and <br /> property damage insurance covering the Grantee's services hereunder in the sum of not less than one million dollars <br /> ($1,000,000)combined single limits bodily injury/property damage. Insurance shall cover work done by the Granteeor <br /> subcontractors and shall protect,as additional insured,the City from suits or claims for damages arising from operations <br /> under this Agreement or actions of the Grantee,subcontractors,and employees either direct or indirect unless waived by <br /> the City's Community Development Director or designee. Granteeshall provide the City with a certificate of insurance in a <br /> form acceptable to the City Attorney and,by endorsement,naming the City,its officers,employees and agents as <br /> additional insured prior to performing any services pursuant to this agreement. The Granteeshall carry sufficient insurance <br /> coverage to protect contract assets from loss due to theft,fraud and/or undue physical damage,and as a minimum shall <br /> purchase a blanket fidelity bond covering all employees in an amount equal to cash advances from the City. <br /> B. Time <br /> Time is of the essence of all provisions of this Agreement. <br /> C. Entire Agreement/Modifications <br /> ThisAgreementconstitutestheentireagreementofthepartiesheretowithrespecttotheGrantandsupersedesanyprior <br /> agreements or understandings, written or oral, with respect to the Grant. Grantee is not relying upon any promises, <br /> representationsorunderstandings,writtenororal,inenteringintotheAgreement,otherthanasexpresslysetforthinthe <br /> Agreement.Either party may request modifications in the scope of services,project duration, performance or reporting <br /> standards, or other terms or conditions herein. Proposed modifications, which are mutually agreed upon, shall be <br /> incorporated by written amendment to this contract signed by both parties. The City and Business agree that this <br /> Agreement shall be modified if necessary to achieve compliance with HUD requirements. <br /> D. Headings <br /> Thearticlea ndsectionhead ingsinnowaydefine,limit,extendori nterpretthescopeofthisAgreementorofanypa rticular <br /> articleorsection. <br /> E. Validity <br /> In the event that any provision of this Agreement shall be held to be invalid,the same shall not affect in any respect <br /> whatsoever the validity of the remainder of this Agreement. <br /> F. Governing Law <br /> This Agreement shall be governed by and construed in accordance with the laws of the State of Washington,and the <br /> ordinances of the City of Everett,except to the extent federal law applies. <br /> G. Counterparts <br /> This Agreement may be executed in counterparts,and each such counterpart shall be deemed to be an original. <br /> H. Future Support <br /> The Grantor makes no commitment of future support and assumes no obligation for future support of the activity <br /> contracted herein except as set forth in this Agreement. <br /> 4 of 10 <br />