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HomeMy WebLinkAboutSeal Rite - Insurance and Indemnity Agreement dated 02.02.23 - 08.01.23INSURANCE AND INDEMNITY AGREEMENT THIS AGREEMENT (Agreement) is made and entered into as of this 1 st day of August 2023, (Effective Date), between the CITY OF FRESNO, a municipal corporation (City), and Seal Rite (CONTRACTOR). RECITALS CITY and Saint Rest Community Economic Development Corporation (SUBRECIPIENT) entered into an agreement February 2, 2023, to complete exterior facility improvements to the Saint Rest Plaza; and CONTRACTOR is performing plaza improvements for Saint Rest Community Economic Development Corporation; and This Agreement requires the CONTRACTOR to indemnify, hold harmless, and defend CITY; and The CITY and CONTRACTOR desire to enter into this Agreement to comply with any and all insurance requirements as dictated in the Agreement with the CONTRACTOR. AGREEMENT NOW, THEREFORE, in consideration of the above recitals, which recitals are contractual in nature, the mutual premises herein contained, and for other good and valuable consideration hereby acknowledge, the parties agree as follows: To the furthest extent allowed by law including California Civil Code 2782, the CONTRACTOR shall indemnify, hold harmless and defend CITY and each of its officers, officials, employees, agents and volunteers from any and all loss, liability, fines, penalties, forfeitures, costs and damages (whether in contract, tort or strict liability, including but not limited to personal injury, death at any time and property damage) incurred by CITY, CONTRACTOR or any other person, and from any and all claims, demands and actions in law or equity (including reasonable attorney's fees, litigation expenses and cost to enforce this agreement), arising or alleged to have arisen directly or indirectly out of performance of this Contract. CONTRACTOR'S obligations under the preceding sentence shall apply regardless of whether CITY or any of its officers, officials, employees, agents or volunteers are passively negligent, but shall not apply to any loss, liability, fines, penalties, forfeitures, costs or damages caused by the active or sole negligence, or the willful misconduct, of CITY or any of its officers, officials, employees, agents or volunteers. If CONTRACTOR should subcontract all or any portion of the work to be performed under this Contract, CONTRACTOR shall require each subcontractor to indemnify, hold harmless and defend CITY and each of its officers, officials, employees, agents and volunteers in accordance with the terms of the preceding paragraph. This section shall survive termination or expiration of this Contract. 1. CONTRACTOR shall comply with the insurance requirements as described in Attachment "A," attached hereto and incorporated herein by reference. [SIGNATURE PAGE TO FOLLOW] IN WITNESS THEREOF, the parties have executed this Agreement at Fresno, California, the day and year first above written. i CITY: CITY OF FRESNO, A California municipal corporation By: Name: qegeanne A. White Title: City anager APPROVED AS TO FORM: ANDREW JANZ City Attorney By W kjj�G'6. i W+ I Name: Tracy Parvanian Date Title: Supe i g Deputy City Attorney ry j J01 ATTEST: TODD STERMER, CMC City Clerk CONTRACTO Sealpite By� jV Name: ,mnU IA4)i Title: _C Lo (If co oration or LLC, Board Chair, Presittent or Vic@ Press, AN Name: Title: P% (If corporation or LLC., CFO, Treasurer, Secretary or Assistant Secretary) e � By: S/7-?123 Name: Title: Deputy City Clerk Attachment "A" — Insurance Requirements 2