10-29-1984 Council Packet - Laserfiche WebLink

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d. All necessary statements of values will be furnished to the successful proposer. e. Provide automatic coverage fcr newly acquired locations and new construction in amount of $500, 000. Rates for above will take same credits as proposed for existing property. 2. Boiler and Machinery Items. a. Broad Form coverage is required on all items. b. Include repair and replacement coverage. C. Limits. Preferable the same as the building. Show otherwise. d. A description of all known objects is included with underwriting data. ProposWrs may eith-ar -nake their, own ins;�ctio�ns before award, in which case they will show what additional items ar-e included or if successful, may negotiate with the City for additions. e. If boiler and machinery services are to be provided through a different insurer, explain and attach Overlap Endorsement. 3. Vehicles - Physical Damage a. Include $100 deductible collision or upset coverage on all vehicles valued at $1,000 or more. b. Include ACV comprehensive physical damage on all vehicles valued at $1,000 or more. C. Provide for automatic coverage on all newly acquired or substii.Qta vehicles. 4. All Property by Criminal Acts. a. Cover -acie onCoveraye basis as follows: the term employee is to include all elected and appointed officials. :r.suring Agreement Ia Employee dishonesty (Commercial Blanket) Coverage $50,000 insuring Agreement II Loss inside the premisis $2,000 insuring Agreement III Loss outside the premises $2,000 insuring Agreement IV Money orders and counterfiet paper currency coverage $2,000 Insuring Agreement V Depositors forgery coverage $50,000 Forgery coverage on incoming instruments $2,000 b. If theft coverage on personal property is not provided elsewhere, include theft of stock at the Liquor Store, and office equipment and other stealables at all locations. Explain any coinsurance provisions or deductibles. - 7- s: