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Resolution 2008-08
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Resolution 2008-08
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Last modified
3/12/2021 2:48:07 PM
Creation date
4/10/2008 3:56:24 PM
Metadata
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Template:
City Council Records
Doc Type
Resolution
Signed Date
3/4/2008
Ord/Res - Year
2008
Ord/Res - Number
08
Original Hardcopy Storage
7D5
Supplemental fields
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RES 2008-08
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INSURANCE COV RAGE DISCLOSURE <br />National City Commercial Capital Company LLC LESSOR <br />City of Louisville ,LESSEE <br />RE: INSURANCE COVERAGE REQUIREMENTS <br />1. In accordance with the Lease Agreement ("Lease"- Lessee certifies that it has instructed the insurance a ent named <br />below (please fill in name address and telephone num er <br />to issue: (check to in ica a coverage <br />X a. All Risk Physical Damage Insurance on the leased E=quipment evidenced by a Certificate of Insurance and Long Form <br />Loss Payable Clause naming National City Commercial Capiital Company, LLC and/or its assigns as Loss Payee. <br />Coverage Required: x245,446.24 <br />X b. All risk Liability Insurance evidenced by a Certificate of Insurance naming National City Commercial Capital Company, <br />LLC andlor its assigns as an Additional Insured. <br />Minimum Coverage Required: <br />$1,000,000 per occurrence <br />$2,000,000.00 in aggregate limits <br />P ~f of insurance coverage will be provided to National City Commercial Capital Company, LLC, 995 Dalton Ave, Cincinnati, OH <br />• ~3, prior to the time that the property is delivered to LessE:e. <br />OR <br />2. Pursuant to the LeasQ_ ~ pQwo ~e.,~eee.,+~ ~.,a ..,.,__....._ ._ _~.,:.:__ ._ _.._ .. _ _ <br />a. All risk, physical damage in the amount specified in 1(a) above. <br />b. Public liability for not less than the amounts specified in 1(b) above. <br />ITEMS WHICH NEED TO BE REFLECTED ON INSURANCE: CERTIFICATE: <br />National City Commercial Capital Company, LLC must be named Loss Payee and Additional Insured <br />30 Days Notice of Cancellation <br />Not Less than $1,000,000.00 limits on liability, per occurrence, $2,000,000.00 limits aggregate <br />Certificate must reflect a short equipment description <br />Certificate must reflect an expiration date <br />Certificate Holder Information: <br />National City Commercial Capital Company, LLC, <br />its successors and/or all assigns <br />995 Dalton Ave. <br />Cincinnati, OH 45203 <br />Please send a FAX copy of certificate to Nancy Elkus at FAX 866-510-6095 <br />LESSEE HAS ATTACHED A SIGNED LETTER DESCRIBING SELF-INSURANCE. <br />' -;SEE: City of Louisville Coal Creek Golf Course <br />BY~ Title: <br />
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