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Agenda 10-07-2025; 8-j - Approval of Lease Renewal Amendment for IFC HomeStart
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Agenda 10-07-2025; 8-j - Approval of Lease Renewal Amendment for IFC HomeStart
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10/7/2025
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8-j
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Agenda for October 7, 2025 BOCC Meeting
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A. Additional Insured Status <br />Lessor, its officers, officials, employees, and volunteers are to be covered as additional insureds <br />on the CGL policy with respect to liability arising out the lease of the subject property including <br />damage caused in whole or in part by Lessee or by those working on your behalf. General <br />liability coverage can be provided in the form of an endorsement to the Lessee’s insurance, at <br />least as broad as ISO Form CG 20 11 12 19 or if not available, CG 20 43 12 19. <br /> <br />B. Primary Coverage <br />For any claims related to this contract, the Lessee’s insurance coverage shall be primary and <br />non-contributory and at least as broad as ISO CG 20 01 12 19 as respects the Lessor, its <br />officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by the <br />Lessor, its officers, officials, employees, or volunteers shall be excess of the Lessee’s insurance <br />and shall not contribute with it. This requirement shall also apply to any Excess or Umbrella <br />liability policies. <br />C. Legal Liability Coverage <br />The property insurance is to be endorsed to include Legal Liability Coverage (ISO Form CP 00 <br />4004 02 or equivalent) with a limit equal to the replacement cost of the leased property. <br />D. Notice of Cancellation <br />Each insurance policy required above shall provide that coverage shall not be canceled, except <br />with notice to the Lessor. <br />E. Waiver of Subrogation <br />Lessee hereby grants to Lessor a waiver of any right to subrogation which any insurer of said <br />Lessee may acquire against the Lessor by virtue of the payment of any loss under such insurance. <br />Lessee agrees to obtain any endorsement that may be necessary to affect this waiver of <br />subrogation, but this provision applies regardless of whether or not the Lessor has received a <br />waiver of subrogation endorsement from the insurer. <br />F. Self-Insured Retentions <br />Self-insured retentions must be declared to and approved by the Lessor. The Lessor may require <br />the Lessee to purchase coverage with a lower retention or provide proof of ability to pay losses <br />and related investigations, claim administration, and defense expenses within the retention. The <br />policy language shall provide, or be endorsed to provide, that the self-insured retention may be <br />satisfied by either the named insured or Lessor. <br />G. Acceptability of Insurers <br />4
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