1990-08-30 Resolution 24 - Laserfiche WebLink

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benefits pursuant to any warranties, duties, or obligations of any manufacturer, wholesaler, retailer, installer, contractor, or subcontractor who provides any labor or materials for or in the Taxable Improvements. 10. The Board of Public Works, on behalf of the Authority, shall be responsible for processing all contractor claims for payment, consistent with the following procedure. The Board of Public Works shall: (a) obtain a completed Application and Certificate for a Payment (AIA G702) executed by the project architect or engineer; and (b) certify, in a Certificate for Payment signed by its authorized officers, that the work represented by the re- quest for payment has been satisfactorily completed and there are no facts or conditions existing that would re- quire the delay in payment to the contractor; and (c) submit, on behalf of the Authority, the completed Application and Certificate for a Payment and the Certi- ficate for Payment of the Board of Public Works to the Trustee named in the Trust Agreement between such Trustee and the South Bend Redevelopment Authority pursuant to the terms of the Trust Agreement. 11. The parties acknowledge that it is the responsibility of the Authority to carry, or cause others to carry, builder's risk insurance and. bodily injury and property damage insurance and the Board of Public Works shall have no responsibility to obtain such insurance coverage. -6- \rlhill\sthbnd\airport\general\8r-agenc;tmg;12-13-90;