Agenda - Council - 07/08/1997 - Laserfiche WebLink

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(c) A certificate of insurance or self-insurance: (1) Shall be on a form approved by the City, (2) Shall verify that an insurance policy has been issued to the Registrant by an insurance company licensed to do business in the State of Minnesota; or is covered by self-insurance which the City determines to provide the City. with protections equivalent to that of a Minnesota licensed insurance company, legally independent from Registrant, (3) Shall verify that the Registrant is insured against claims for personal injury, including death, as well as claims for property damage arising out of the (i) use and occupancy of the Right-of-Way by the Registrant, its officers, agents, employees and Perrnittees, and (ii) placement and use of Equipment in the Right- of-Way by the Registrant, its officers, agents, employees and Permittees, including, but not limited to, protection against liability arising from completed operations, damage of underground Equipment and collapse of property, (4) Shall name the City as an additional insured as to whom the coverages required herein are in force and applicable and for whom defense will be provided as to all such coverages, (5) Shall require that the City be notified thirty (30) days in advance of cancellation of the policy, and (6) Shall badicate comprehensive liability coverage, automobile liability coverage, workers compensation and umbrella coverage in amounts established by the City of the office of risk and employee benefit management in amounts sufficient to protect the City and carry, out the purposes and policies of this Chapter. (d) If the Registrant is a corporation, a copy of the certificate required to be filed under Minn. Stat. § 300.06 (1996) as recorded and certified to by the Secretary of State. (e) A copy of the Registrant's certificate of authority from the Minnesota Public Utilities Commission, where the Registrant is lawfully required to have such certificate from said Commission. (f) Such other information as the City may require. Subd. 2. The Registrant shall keep all of the information listed above current at all times by providing to the City information of changes within fifteen (I5) days following the date on which the Registrant has knowledge of any change. ! I I I i I I I I I I I I I I I I