R2016-32 AUTHORIZING REAL ESTATE LEASE AGREEMENT Wabash Crossing Redevelopment

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and liabilities incurred in or about any such claim for bodily injury or death, or any action or proceeding brought herein. 10. Insurance Requirements. Lessee shall obtain, at its expense, and keep in force during the term of this Lease, comprehensive general liability and property damage insurance in an amount of not less than $1,000,000 single limit, $2,000,000 aggregate, for bodily injury, death and property damage to any one person and subject to the same limitations far any one occurrence. The comprehensive general liability policy shall include coverages for premises and operations, a blanket contractual liability coverage which includes the indemnification agreement contained in the next paragraph, broad form property damage, independent contractors and personal injury liability coverage. The policy issued for the afore-described coverages shall name the City of Decatur, Illinois, as an additional insured. Such insurance shall not be canceled prior to termination of this Lease. 11. Certificate of Insurance. Prior to the commencement of the terms of the Lease, Lessee shall file with the City a Certificate of Insurance, in a form acceptable to the City, signed by an authorized agent of the insurance company or companies writing the insurance described in said Certificate showing complete coverage of all insurance required in this Lease. Such Certificate shall certify to the following: Name and address of party insured; name and address of authorized agent executing such Certificate; the , description of the type of insurance, and the coverages afforded thereunder, the insurance policy numbers; the limits of liability of such policies and the date of expiration of such policies. It is an affirmative obligation upon the Lessee to advise Assistant City Mana er Bill T s at the Ci of Decatur, 1 Ga K. Anderson Plaza, Decatur, IL 62523 g Y Yu �Y rY within two days of the cancellation or substantive change of any insurance policy set out above, and failure to do so shall be construed to be a breach of the lease. The Certificate shall specifically state that(1) the insurance certified therein contains contractual liability coverage for the indemnity agreement contained in this agreement, subject to the terms, conditions 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 above. The name and address of the Certificate holder shall be stated as follows: The City of Decatur, Illinois, a municipal corporation, One Gary K. Anderson