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<br />City of Sunny Isles Beach <br /> <br />18070 Collins Avenue, Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 phone (305) 949-3113 Fax <br /> <br />Acceptance and/or approval of OSS' insurance shall not be construed as relieving OSS <br />from any liability or obligation assumed under this contract or imposed by law. <br /> <br />The City of Sunny Isles Beach, Florida, its employees and officials shall be included as <br />"Additional Insured" on all policies. <br /> <br />Any deviations from these General Insurance Requirements must be requested in writing <br />to the City's Risk Management Department and must be approved in writing by the City's Risk <br />Management Department. OSS shall furnish the City with a certificate evidencing the minimum <br />insurance coverage required hereunder no later than thirty (30) days prior to the Race. <br /> <br />Prior to commencement of work governed by this contract, OSS shall obtain General and <br />Excess Liability Insurance. Coverages shall be maintained throughout the life of the contract <br />and include, as a minimum: <br /> <br />. $1,000,000.00 (One Million) in general liability insurance <br />. $4,000,000.00 (Four Million) in excess liability insurance <br />. $10,000.00 (Ten Thousand) in medical expense insurance - anyone person <br />. $50,000.00 (Fifty Thousand) in excess medical insurance (secondary to primary <br />insurance carrier) <br />. $10,000.00 (Ten Thousand) in accidental death insurance, anyone occurrence <br />. $500,000.00 (Five Hundred Thousand) in fire damage insurance - anyone <br />occurrence <br /> <br />Furthermore, OSS shall also require that all participants, competitors, racers and organizations <br />involved in the Race to execute an Indemnification and Hold Harmless Agreement for the benefit <br />of the City and OSS shall submit same to the City's Risk Management Dept. prior to the Race. <br /> <br />16. Indemnification and Hold Hannless. ass agrees to indemnity, hold harmless and defend the City, <br />including its officers, agents and employees, from and against any loss, damage or expense (including all costs and <br />reasonable attorney's fees) suffered by City from (a) any breach from ass of this Agreement, (b) any inaccuracy in <br />or breach of any of the representations, warranties of covenants made by ass herein, (c) any claims, suits, actions, <br />damages or causes of action arising during the term of this Agreement for any personal injury, loss of life or damage <br />to property sustained by reason or as a result of the use of the property by ass's agents, employees, invitees, and all <br />other persons, and (d) any claims, suits, actions, damages or causes of action of any kind whatsoever arising during <br />the term of this Agreement for any personal injury, loss of life or property damage sustained by reason of this <br />Agreement, its execution and/or its performance by ass or the participants in the Race. <br /> <br />Nothing in this Agreement shall be construed to affect in any way the City's rights, privileges, and <br />immunities under the doctrine of sovereign immunity and as set forth in Section 768.28, Florida Statutes. <br /> <br />Notwithstanding the foregoing, ass shall not be responsible to indemnity the City, including its officers, <br />agents and employees, from and against any loss, damage or expense (including reasonable attorney's fees) by <br />reason or as a result of the sole negligence of the City, its officers, agents or employees. <br /> <br />C070B-02B ass Powerboat Racing Agreement <br /> <br />10 <br /> <br />~( S , 8 <br />