Reso 2010-1658 - Laserfiche WebLink

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d. Broad Form Property Damage; e. Personal Injury coverage with employment contractual exclusions removed 10.1.4 The required insurance coverage shall be issued by an insurance company authorized and licensed to do business in the State of Florida, with the following minimum qualifications in accordance with the latest edition of A.M. Best's Insurance Guide: Financial Stability B+ A+ 10.2 Bond to be Provided by the Developer. Before the commencement of any construction undertaken by the Developer as provided in this Agreement and other related documents hereof, if applicable, the Developer shall furnish and provide to the City a payment and performance bond satisfying the requirements of Section 255.05, Florida Statutes, for such improvements described in this Agreement to be performed by the Developer. The Bond must guarantee the completion of such work and the payment to all persons as provided in Section 255.05 who furnish labor, services or materials for the construction of the improvements contemplated by this Section and include the City as co-obligees. The Bond shall comply with all requirements of the Design-Build Agreement entered into between the parties. 10.3 Compliance with Procurement Procedures. In procuring the services of persons or firms to construct the Infrastructure Improvements, to the extent remaining to be performed by the Developer after the date of this Agreement, which comprise public construction works in excess of $200,000.00 as provided in Section 255.20, Florida Statutes, the Developer shall competitively bid such services as required by said Section 255.20, Florida Statutes, in accordance with procedures prescribed by the Office of the Public Services Director. The Developer shall prepare the bidding forms, the conditions of contract and the agreements subject to the approval of the Public Services Director with regard to form. 10.4 Taxes and Other Charges. The Developer will pay and discharge or cause to be paid and discharged all taxes, charges, liabilities or claim of any type at any time assessed against or incurred by the Developer or which could become a lien against the Developer relating to the Project Site which would affect the parking rights of the City. The City agree to cooperate with the Developer to attempt to exempt portions of the Project which are made available for public use from the obligation to pay real estate tax to the extent legally permissible. Nothing in this subsection shall require the payment of any such sum if the Developer promptly notifies the City and by appropriate proceedings contests the same in good faith. 10.5 Non-liability of City. No member, official or employee of the City shall be personally liable to the Developer, a builder or to any person with whom the Developer or any builder shall have entered into any contract, or to any other person in the event of a default or breach by the City, or for any amount which may become due to the Developer or any other person under the terms of this Agreement. 9