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2.11 Insurance. <br /> 2.11.1 Liability Insurance Prior to Completion. <br /> Prior to commencement of construction of the Project, the Redeveloper shall <br /> procure and deliver to the City, at the Redeveloper's cost and expense, and shall <br /> maintain in full force and effect until each and every obligation of Redeveloper <br /> contained herein has been fully paid, or performed, a policy or policies of <br /> comprehensive liability insurance and during any period of construction, <br /> contractor's liability insurance, structural work act insurance and workmen's <br /> compensation insurance, with liability coverage under the comprehensive <br /> liability insurance to be not less than One Million ($1,000,000) Dollars each <br /> occurrence and Five Million ($5,000,000) Dollars total, all such policies to be in <br /> such form and issued by such companies as shall be reasonably acceptable to the <br /> City to protect City and Redeveloper against any liability incidental to the use of <br /> or resulting from any accident occurring in or about the Project or the <br /> improvements or the construction and improvement thereof. Each such policy <br /> shall name the City as additional insured and shall contain an affirmative <br /> statement by the issuer that it will give written notice to the City at least thirty <br /> (30)days prior to any cancellation or amendment of its policy. <br /> 2.11.2 Builder's Risk Prior to Completion. <br /> During the construction of the Project as certified by the City, the Redeveloper <br /> shall keep in force at all times builder's completed value risk insurance, in non- <br /> reporting form, against all risks of physical loss, including collapse, covering the <br /> total value of work performed and equipment, supplies and materials furnished <br /> for the Project. Such insurance policies shall be issued by companies reasonably <br /> satisfactory to the City, and shall name the City as a additional insured. All such <br /> policies shall contain a provision that the same will not be cancelled or modified <br /> without a thirty(30) day written notice to the City. <br /> 2.12 Lien Waivers. <br /> All contracts for construction of the Project shall provide that all contractors and <br /> subcontractors shall furnish contractor's affidavits in the form provided by state statute <br /> and that waiver of liens be required for all payments made. <br /> 2.13 Rights of Inspection. <br /> During construction of the Project,the City or its designee shall have the right at any time <br /> and from time to time to enter upon the Project for the purposes of inspection. Inspection <br /> by the City of the Project shall not be construed as a representation by the City that there <br /> has been compliance with the Construction Plans or any building or life safety codes <br /> adopted by the City; or that the Project will be or is free of faulty materials or <br /> workmanship, or a waiver of any right the City or any other party may have against the <br /> Redeveloper or any other party for noncompliance with the Construction Plans, <br /> Preliminary Plans, building or life safety codes or any other ordinances of the City or the <br /> terms of this Agreement. <br /> ARTICLE IIL• CITY OBLIGATIONS <br /> 3.1 Public Investment. <br /> The City shall provide the Public Investment pursuant to Article N below. <br /> City of Decatur/Evergreen Hospitality LLC g <br />