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CDL Dragons Truck School 11/9/2022
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CDL Dragons Truck School 11/9/2022
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Entry Properties
Last modified
11/18/2022 10:26:50 AM
Creation date
11/18/2022 10:26:23 AM
Metadata
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Contracts
Contractor's Name
CDL Dragons Truck School
Approval Date
11/9/2022
End Date
11/9/2023
Department
Real Property
Department Project Manager
Darcie Byrd
Subject / Project Title
License to Use Property - 36th & Smith
Tracking Number
0003536
Total Compensation
$9,600.00
Contract Type
Real Property
Contract Subtype
Licenses
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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14. INSURANCE/WAIVER OF SUBROGATION. <br /> (a) Licensee Insurance. Licensee shall, throughout the Term, at its own <br /> expense, keep and maintain in full force and effect the following policy, which shall be endorsed <br /> as needed to provide that the insurance afforded by the policy is primary and that all insurance <br /> or self-insured retention carried or maintained by the City is strictly excess and secondary and <br /> shall not contribute with Licensee's liability insurance: <br /> A policy of commercial general liability insurance insuring against claims of bodily <br /> injury and death or property damage or loss with a combined single limit at the <br /> Effective Date of this License of not less than Two Million Dollars ($2,000,000.00) <br /> per occurrence. Licensee shall include the City as an additional insured. <br /> The insurance policy required under this Section shall be with companies having a rating <br /> according to Best's Insurance Key Rating Guide for Property—Casualties of no less than A- Class <br /> VIII. The policy shall provide that it is not subject to cancellation, lapse or reduction in coverage <br /> except after thirty (30) days' written notice to the City. Licensee shall deliver to the City, prior to <br /> the commencement of its occupation of the Licensed Property and from time to time thereafter, <br /> at the City's request, certificates evidencing the existence and amounts of such policy and copies <br /> of such insurance policy. <br /> (b) Waiver of Subrogation. The City and Licensee each mutually release the <br /> other from every right, claim and demand which may hereafter arise in favor of either arising out <br /> of or in connection with any loss occasioned by fire, earthquake or other casualty and such other <br /> perils as are included in the provisions of the normal extended coverage clauses of fire and <br /> casualty insurance policies, and hereby waive all rights of subrogation in favor of insurance <br /> carriers arising out of any such losses and sustained by either the City or Licensee in or to the <br /> Licensed Property or any property therein, but only to the extent of deductibles specified in the <br /> insurance policies plus the insurance proceeds paid to such party under its policies of insurance <br /> or, if it fails to maintain the required policies, the insurance proceeds that would have been paid <br /> to such party if it had maintained such policies. This waiver of subrogation shall be effective to a <br /> person or entity even though that person or entity would otherwise have a duty of <br /> indemnification, contractual or otherwise,whether or not the person or entity paid the insurance <br /> premium directly or indirectly, and whether or not the person or entity has an insurable interest <br /> in the property damaged. <br /> 15. HAZARDOUS MATERIALS. <br /> (a) Licensee shall not cause or permit any storage, use, sale, release, <br /> generation or disposal of any Hazardous Materials(as defined below) in,on or about the Licensed <br /> Property; provided, however, Licensee shall be permitted without notice or the City's written <br /> consent to handle, store, use or dispose of products containing small quantities of Hazardous <br /> Materials, such as ordinary cleaning and ordinary maintenance products used by Licensee for <br /> 5 <br />
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