Agenda - Council - 07/14/2009 - Laserfiche WebLink

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Failure to meet any or' all of the requirements of this section may result in termination of the. contr.act at any time, as per the conditions' specified for . contract termination. Insurance The successful' Contractor shall not commence work under the contract until the specified insurance coverages have been obtained~ The Contractor shall file, . within seven (7) days following notification of propo;;al selection, with the '~amsey City Clerk, all certificates of insurance or documentation thereof indicating that all specific insurance has been. obtained and. is in full force. The City 0' Ramsey shall be named as an additional insur~ on said comprehensive general liability policy. The following coverage's are required .as minimums: A. 1. . Public Liability Insurance: $1,000,000 Comprehensive "General Liability (including assault) . . 2. Business Auto Policy with all coverage's.(all vehicles) with $1,000,000 limits. . 3. Garage Keepers Legal Liabil~: . . 'B. Workers' Compensation' Insurance covering all employees of the . . Contractor, or hislher agents, working under this contract in ~ccordance with ~he Minn~ota Workers' CompenSation Law. The Contractor sllall agree to provide to the Ramsey. City Clerk: thirty (30) days prior written notice 'in th~ . event any policy is canceled or a material Change is effected and each policy must contain a provision that the insurer notifY the Ramsey City Clerk immediately if a policy is cancel~ or a material ch.ange has been effected. Performance Bond . On' or before .the date that the contract betWeen the City and the towing service becomeS effective, the Contractor shall file with the Ramsey City Clerk an a~ptable Corporate. surety .bond in the amount of $10,000, payable to the City of Ramsey and subject to the approval by the Ramsey City Attorney for the faithful performance of all duties and obligations imposed under the terms and conditions of the. contract. . .