Laserfiche WebLink
t1l <br /> ti <br /> d The Redeveloper shall cause the construction of the Project to be commenced and to be <br /> m prosecuted with due diligence and in good faith in accordance with the terms of this <br /> 1 Agreement, and without delay and shall cause the Project to be constructed in a good and <br /> workmanlike manner in accordance with the Construction Plans and the Final Site Plan. <br /> If the Project is constructed in compliance with the Construction Plans as approved <br /> M pursuant to Section 2.6 above, it will be deemed to be in conformance with Building <br /> Codes of the City. <br /> p2.11 Utilities. Except as otherwise provided in this Agreement, all arrangements for utilities <br /> G must be made by the Redeveloper with the applicable utility company. The City makes <br /> no representations whatsoever with respect to the adequacy or availability of utilities with <br /> respect to the Project or Project Site; however, the City, if requested by the Redeveloper, <br /> shall make reasonable efforts to assist in obtaining utility rights, approvals and permits. <br /> 2.12 Insurance. <br /> 2.12.1 Liability Insurance Prior to Completion. Prior to commencement of <br /> construction of the Project or any phase thereof, the Redeveloper shall procure <br /> and deliver to the City, at the Redeveloper's cost and expense, and shall maintain <br /> in full force and effect until each and every obligation of Redeveloper contained <br /> herein has been fully paid, or performed, a policy or policies of comprehensive <br /> liability insurance and during any period of construction, contractor's liability <br /> insurance, structural work act insurance and workmen's compensation insurance, <br /> with liability coverage under the comprehensive liability insurance to be not less <br /> than One Million ($1,000,000) Dollars each occurrence and Five Million <br /> ($5,000,000)Dollars total, all such policies to be in such form and issued by such <br /> companies as shall be reasonably acceptable to the City to protect City and <br /> Redeveloper against any liability incidental to the use of or resulting from any <br /> accident occurring in or about the Project or the improvements or the <br /> construction and improvement thereof. Each such policy shall name the City as <br /> coinsureds and shall contain an affirmative statement by the issuer that it will <br /> give written notice to the City at least thirty (30)days prior to any cancellation or <br /> amendment of its policy. <br /> 2.12.2 Builder's Risk Prior to Completion. During the construction of the Project or <br /> any phase thereof as certified by the City, the Redeveloper shall keep in force at <br /> all times builder's completed value risk insurance, in non-reporting form, against <br /> all risks of physical loss, including collapse, covering the total value of work <br /> performed and equipment, supplies and materials furnished for the Project. Such <br /> insurance policies shall be issued by companies reasonably satisfactory to the <br /> City, and shall name the City as a coinsured. All such policies shall contain a <br /> provision that the same will not be cancelled or modified without a thirty (30) <br /> day written notice to the City. <br /> 2.13 Lien Waivers. All contracts for construction of the Project shall provide that all <br /> contractors and subcontractors shall furnish contractor's affidavits in the form provided <br /> by state statute and that waiver of liens be required for all payments made. <br /> 2.14 Rights of Inspection. During construction of the Project, the City or its designee shall <br /> have the right at any time and from time to time to enter upon the Project for the purposes <br /> City of Decatur/Harrison Management Group LLC Redevelopment Agreement 8 <br />