R2006-189 AUTHORIZING PURCHASE OF REAL PROPERTY

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DEC-14-2006 THU 10�30 AM CITY OF DECATUR LEGAL 2174242871 P, 05 liabiiity coverage. The policy issued for the afore-described coverages shafl name the City of l7ecatur, Illinois, as an additional insured. Such insurance shall not be canceled prior to termination of fihis E.ease. 9. Certificate of Insurance. Prior to the commencement of the terms of the Lease, Archway shall fila with fihe City a Certificate of Insurance, in a �'orm acceptable to the City, signed by an authorized agent of the insurance company or companies writing the insurance described in said Certi�cate showing complete coverage af all insurance required in this Lease. Such Certifiicate shall certify to the following: Name and address of party insured; name and address of authoriaed agent exe�uting such Certificate; the description o� t�e fiype of insurance, and th� coverages afforded thereunder, the insurance policy numbers; the limits of liabifity of such policies and the dafie of expiration of such policies. Further, the insurance cornpanies shall certify that such policies shall not be modified, canceled or#erminated until after no less than thirty (30} days wri�ten notice to the City. The Certificate shall specifically state that {1) tne insurance cert�ed therein cantains contractual liabifity coverage for fihe indemnity agreement contained in this agreement, subject to the terms, cvnditions and exclusions of the policy, and (2) the City of Decatur, Illinois is named as an additional insured on the comprehensive general liability and property damage insurance described abvve. The name and address of the C�rtificate holder shall be stated as follows: The City of Decatur, {Ilinois, a munieipal corporation, One Gary K. Anderson Plaza, Decatur, IL 62523. The City reserves the right at any time to r�quire a copy of the en#ire policy or policies. Failure to provide satisfacfiory Certificates showing fihe required insurance