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R2010-201 AUTHORIZING REDEVELOPMENT AGREEMENT
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R2010-201 AUTHORIZING REDEVELOPMENT AGREEMENT
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Last modified
10/2/2015 10:33:57 AM
Creation date
10/2/2015 10:33:55 AM
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Resolution/Ordinance
Res Ord Num
R2010-201
Res Ord Title
AUTHORIZING REDEVELOPMENT AGREEMENT ARCHER DANIELS MIDLAND COMPANY - CENTRAL BUSINESS DISTRICT
Department
Development Services
Approved Date
10/21/2010
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. ,r,{ <br /> �' <br /> � <br /> �� coverage shall name the City as an additional insured to the extent of ADM's <br /> q� indemnity commitment at paragraph 8 above. Such insurance shatl not be cancelled <br /> '� prior to the termination of this Lease. <br /> ns <br /> LL <br /> � 10. Certificate of Insurance. Prior to the commencement of the terms of this Lease, <br /> � <br /> *� ADM shall file with the City, and at all times thereafter during the term of this Lease <br /> � keep in full force and effect, a Certificate of Insurance, signed by an authorized agent <br /> � of the insurance company or companies writing the insurance described in said <br /> � Certificate showing complete coverage of all insurance required in this Lease. Such <br /> � Certificate shall certify to the following: <br /> � <br /> a. Name and address of party insured; <br /> b. Name(s) of the insurance company or companies; <br /> c. Name and address of the authorized agent executing such Certificate; <br /> d. The description of the type of the insurance and the coverage afforded <br /> thereunder; <br /> e. The insurance policy numbers; <br /> f. The limits of liability of such policies and the date of expiration of the policies; <br /> g. The insurance company or companies shall further certify that said policies shall <br /> not be modified, cancelled or terminated until after no less than thirty (30) days <br /> written notice to the City. <br /> 11. Maintenance. ADM shall be responsible for maintenance of the premises during the <br /> term of this Lease, and the City shall have no duty to upkeep the premises. During <br /> the term of this Lease, the City, its agent, employee or designee, shall have the right <br /> at any time and from time to time to enter upon the leased space for the purposes of <br /> inspection. <br /> ADM covenants that it will maintain the Premises in good condition during the <br /> term of this Lease. <br /> The City shall be responsible for all paving and structural repairs to Parking Garage B <br /> to keep the structure, paved surfaces, and curbs in a state of good and safe repair <br /> during the term of this Lease. The City shall maintain the structure, paved surfaces, <br /> and curbs of Parking Garage B to ensure compliance with all applicable codes, <br /> standards, and laws. <br /> 12. Enforcement. <br /> a. The City shall have no responsibility to enforce the exclusive use of any Parking <br /> Spaces reserved hereby to ADM. It shall be the responsibility and right of ADM <br /> to own, install, operate and maintain any system or procedure whether <br /> mechanical or otherwise which is intended to secure the use of the spaces <br /> described herein for the exclusive use of ADM. Any such system or procedure <br /> prior to initiation or installation shall be approved by the Director of Public Works <br /> of the City, such approval to not be unreasonably withheld. Upon ADM request, <br /> the City shall provide reasonable cooperation to ADM to enforce ADM exclusive <br /> use rights. <br />
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