PONDEROSA HOMES II SUBDIVISION AGREEMENT TRACT 7381 - ON-SITE SUBDIVISION IMPROVEMENT AGMT

b. Provide a Certificate of Insurance from the insurance carrier showing the amount of General Liability and Property Damage coverage with Insurance coverage of at least the following amounts: GENERAL LIABILITY General Bodily Injury - $1,000,000 Per Occurrence General Property Damage - $ 1,000,000 Per Occurrence, AUTOMOBILE LIABILITY Bodily Injury - $ 1,000,000 Per Person/ $1,000,000 Per Occurrence Property Damage - $ 1,000,000 Per Occurrence or Combined Single Limit on Bodily Injury and Property Damage Liability - $1,000,000. c. All insurance companies affording coverage to the Subdivider shall be required to add the City of Pleasanton as "insured" under the insurance policy for all work performed in accordance with this Agreement. d. All insurance companies affording coverage to the Subdivider shall be insurance organizations authorized by the Insurance Commissioner of the State Department of Insurance to transact business of insurance in the State of California with a Best's rating of not less than A:VII. e. All insurance companies affording coverage shall provide thirty-day (30) written notice to the City of Pleasanton should the policy be canceled before the expiration date. For the purposes of this notice requirement, any material change in the policy prior to the expiration shall be considered a cancellation. f. Subdivider shall provide evidence of compliance with the insurance requirements listed above by providing a certificate of insurance, in a form satisfactory to the City Attorney, concurrently with the submittal of this Agreement. On site subdivision Improvement Agreement for items to be constructed with future Tract Project: Tentative Map -Tract 7381, Busch Road/Mohr Avenue Page 5 of 8