My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
6 A(1)
sbend
>
Public
>
Redevelopment Commission
>
Agendas & Packets
>
2014
>
01-16-14 Redevelopment Commission Meeting
>
6 A(1)
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/6/2014 1:05:26 PM
Creation date
1/13/2014 3:57:05 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
14
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
16. BIDS, DISCOUNTS, REBATES, ETC. The Agent will obtain contracts, materials, supplies, <br />utilities and services by the most appropriate means under the circumstance. The Agent may <br />solicit bids, either formal or informal, for items that can be obtained from more than one source. <br />All such expenses are Property Expenses. <br />17.TENANT- MANAGEMENT RELATIONS. The Agent will maintain good faith <br />communications with the tenants of the Property to the end that problems affecting the Property <br />and its tenants may be avoided or solved on a mutually satisfactory basis. <br />18. INSURANCE. The Owner will inform the Agent of the insurance to be carried with respect <br />to the Property and its operations, and the Agent will cause such insurance to be placed and kept <br />in effect at all times. Insurance premiums are a Property Expense. Insurance will be placed with <br />companies, on conditions, in amounts, and with beneficial interests acceptable to the Owner and <br />in conformity with the Mortgage; provided, however, that public liability coverage shall be in <br />form, substance and amounts acceptable to the Agent as well as the Owner and the Mortgagee <br />and will name the Agent as an additional insured. The Agent will investigate and report to the <br />Owner about all accidents, claims and potential claims for damages relating to the Property and <br />will cooperate with the Owner's insurers in connection therewith. <br />19. AGENT'S BOND. The Agent agrees that during the entire term of this Agreement that <br />Agent will carry, at the Agents sole cost and expense, fidelity insurance coverage with sureties in <br />the amount of not less than $100,000.00 and that Agent will provide Owner with a copy of <br />Agent's certificate evidencing said insurance coverage. Agent will investigate and report to the <br />Owner about all accidents, claims and potential claims for damages relating to the Property and <br />will cooperate with the Owner's insurers in connection therewith. <br />20. SAVE HARMLESS AND INDEMNIFICATION. <br />Owner Agrees: <br />a. To indemnify, defend and save the Agent harmless from all suits in connection <br />with the Property and from liability for damage to property and injuries to or <br />death related to the Property, except for activities arising out of Agent's willful <br />misconduct or gross negligence, unless conduct or gross negligence was a result <br />of Owner's instruction or direction, in which event Owner shall indemnify Agent. <br />b. To pay all expenses incurred by the Agent, including, without limitation, <br />attorney's fees for counsel employed to represent the Agent or the Owner in any <br />proceeding or suit involving the alleged violation by the Agent or the Owner, or <br />both of any constitutional provision, statute, ordinance, law or regulation of any <br />governmental body pertaining to fair employment, Federal Fair Credit Reporting <br />Act, environmental protection of fair housing, including without limitation, those <br />prohibiting or making illegal discrimination on the basis of race, creed, color, <br />religion or national origin in the sale, rental or other disposition of the Property or <br />any services rendered in connection therewith (unless the Agent is finally <br />adjudicated to have personally and not in a representative capacity violated such <br />-6- <br />
The URL can be used to link to this page
Your browser does not support the video tag.