HomeMy WebLinkAbout00412C - HARRELL COMPANY ADVISORS FINANCIAL BONDS Harrell. & Company Adv9.sors
. Pi c, al Assessment
AGREEMENT 1412C
G S R1114, 12-6-00
'Va�� \
l➢ CITY OF PALM SPRINGS \`
CONTRACT SERVICES AGREEMENT FOR
HARRELL&COMPANY ADVISORS. LLC..
(SHORT FORM)
THIS CONTRACT SERVICES AGREEMENT (herein "Agreement") is made and entered
into this 6th day of December, 2000, by and between the CITY OF PALM SPRINGS, a
municipal corporation and the Palm Springs Community Redevelopment Agency (herein "Cit)(')
and Harrell & Company Advisors, LLC (herein "Contractor'). (The term Contractor includes
professionals performing in a consulting capacity).
NOW, THEREFORE, the parties hereto agree as follows:
1.0 SERVICES OF CONTRACTOR
1.1 Scope of Services. In compliance with all of the terms and conditions of
this Agreement, the Contractor shall perform the work or services set forth in the "Scope of
Services" attached hereto as Exhibit "A" and incorporated herein by reference. Contractor
warrants that all work and services set forth in the Scope of Services will be performed in a
competent, professional and satisfactory manner.
1.2 Compliance With Law. All work and services rendered hereunder shall
be provided in accordance with all ordinances, resolutions, statutes, rules, and regulations of
the City and any Federal, State or local governmental agency of competent jurisdiction.
- - -- -- and Assessments. Contractor shall obtain at its
and approvals as may be required by law for the
"reement.
services rendered pursuant to this Agreement,
:e with the "Schedule of Compensation" attached
ry this reference, but not exceeding the maximum
-- Sum") per year, excepting the compensation for
ated per the schedule in Exhibit "B".
�ovided that Contractor is not in default under the
e paid as outlined in Exhibit "B", Schedule of
- --- t
Harrell S Company Advisors
• • Financial Assessment
AGREEMENT #412C
R1114, 12-6-00
CITY OF PALM SPRINGS
CONTRACT SERVICES AGREEMENT FOR
HARRELL & COMPANY ADVISORS. LLC.
(SHORT FORM)
THIS CONTRACT SERVICES AGREEMENT (herein "Agreement") is made and entered
into this 6th day of December, 2000, by and between the CITY OF PALM SPRINGS, a
municipal corporation and the Palm Springs Community Redevelopment Agency (herein "City")
and Harrell & Company Advisors, LLC (herein "Contractor"). (The term Contractor includes
professionals performing in a consulting capacity).
NOW, THEREFORE, the parties hereto agree as follows:
1.0 SERVICES OF CONTRACTOR
1.1 Scope of Services. In compliance with all of the terms and conditions of
this Agreement, the Contractor shall perform the work or services set forth in the "Scope of
Services" attached hereto as Exhibit "A" and incorporated herein by reference. Contractor
warrants that all work and services set forth in the Scope of Services will be performed in a
competent, professional and satisfactory manner.
1.2 Compliance With Law. All work and services rendered hereunder shall
be provided in accordance with all ordinances, resolutions, statutes, rules, and regulations of
the City and any Federal, State or local governmental agency of competent jurisdiction.
1.3 Licenses, Permits, Fees and Assessments. Contractor shall obtain at its
sole cost and expense such licenses, permits and approvals as may be required by law for the
performance of the services required by this Agreement.
2.0 COMPENSATION
2.1 Contract Sum. For the services rendered pursuant to this Agreement,
Contractor shall be compensated in accordance with the "Schedule of Compensation" attached
hereto as Exhibit "B" and incorporated herein by this reference, but not exceeding the maximum
contract amount of $10,000 Dollars ("Contract Sum") per year, excepting the compensation for
new bond issues, which amount shall be calculated per the schedule in Exhibit "B".
2.2 Method of Payment. Provided that Contractor is not in default under the
terms of this Agreement, Contractor shall be paid as outlined in Exhibit "B", Schedule of
Compensation.
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3.0 COORDINATION OF WORK
3.1 Representative of Contractor. Suzanne Harrell is hereby designated as
being the principal and representative of Contractor authorized to act in its behalf with respect to
the work and services specified herein and make all decisions in connection therewith.
3.2 Contract Officer. Thomas M. Kanarr is hereby designated as being the
representative the City authorized to act in its behalf with respect to the work and services
specified herein and make all decisions in connection therewith ("Contract Officer"). The City
Manager of City shall have the right to designate another Contract Officer by providing written
notice to Contractor.
3.3 Prohibition Against Subcontracting or Assignment. Contractor shall not
contract with any entity to perform in whole or in part the work or services required hereunder
without the express written approval of the City. Neither this Agreement nor any interest herein
may be assigned or transferred, voluntarily or by operation of law, without the prior written
approval of City. Any such prohibited assignment or transfer shall be void.
3.4 Independent Contractor. Neither the City nor any of its employees shall
have any control over the manner, mode or means by which Contractor, its agents or
employees, perform the services required herein, except as otherwise set forth. Contractor shall
perform all services required herein as an independent contractor of City and shall remain under
only such obligations as are consistent with that role. Contractor shall not at any time or in any
manner represent that it or any of its agents or employees are agents or employees of City.
4.0 INSURANCE AND INDEMNIFICATION
4.1 Insurance. The Contractor shall procure and maintain, at its sole cost
and expense, in a form and content satisfactory to City, during the entire term of this Agreement
including any extension thereof, the following policies of insurance:
(a) Comprehensive General Liability Insurance. A policy of
comprehensive general liability insurance written on a per occurrence basis in an
amount not less than either (i) a combined single limit of $1,000,000.00 or (ii) bodily
injury limits of $500,000.00 per person, $1,000,000.00 per occurrence and
$1,000,000.00 products and completed operations and property damage limits of
$500,000.00 per occurrence. If the Contract Sum is greater than $500,000.00, the policy
of insurance shall be in an amount not less than $5,000,000.00 combined single limit.
(b) Worker's Compensation Insurance. A policy of worker's
compensation insurance in such amount as will fully comply with the laws of the State of
California and which shall indemnify, insure and provide legal defense for both the
Contractor and the City against any loss, claim or damage arising from any injuries or
occupational diseases occurring to any worker employed by or any persons retained by
-2-
the Contractor in the course of carrying out the work or services contemplated in this
Agreement.
(c) Automotive Insurance. A policy of comprehensive automobile
liability insurance written on a per occurrence basis in an amount not less than either (i)
bodily injury liability limits of $500,000.00 per person and $1,000,000.00 per occurrence
and property damage liability limits of $250,000.00 per occurrence and $500,000.00 in
the aggregate or (ii) combined single limit liability of $1,000,000.00. Said policy shall
include coverage for owned, non owned, leased and hired cars.
(d) Additional Insurance: A policy written on a per occurrence basis in an
amount not less than a combined single limit of$1,000,000.
All of the above policies of insurance shall be primary insurance and shall name the City,
its officers, employees and agents as additional insured, except that the insurance shall not be
primary nor shall the City be named as an additional insured for the Worker's Compensation
Insurance nor the Professional Liability Insurance. The insurer shall waive all rights of
subrogation and contribution it may have against the City, its officers, employees and agents
and their respective insurers. The Contractors General Liability and auto policies of insurance
shall provide that said insurance may not be amended as it affects the City or canceled without
providing thirty (30) days prior written notice by mail to the City. The certificate of insurance
shall provide that all insurance will not be cancelled or amended as it affects the City without
providing 30 days written notice to the City by regular mail. In the event any of said policies of
insurance are canceled, the Contractor shall, prior to the cancellation date, submit new
evidence of insurance in conformance with this Section 4.1 to the Contract Officer. No work or
services under this Agreement shall commence until the Contractor has provided the City with
Certificates of Insurance or appropriate insurance binders evidencing the above insurance
coverages and said Certificates of Insurance or binders are approved by the City.
The Contractor agrees that the provisions of this Section 4.1 shall not be construed as
limiting in any way the extent to which the Contractor may be held responsible for the payment
of damages to any persons or property resulting from the Contractors activities or the activities
of any person or persons for which the Contractor is otherwise responsible.
The insurance required by this Agreement shall be satisfactory only if issued by
companies qualified to do business in California, rated "A" or better in the most recent edition of
Best Rating Guide, The Key Rating Guide or in the Federal Register, and only if they are of a
financial category Class VII or better, unless such requirements are waived by the City Manager
or designee of the City due to unique circumstances.
4.2 Indemnification. Contractor agrees to indemnify the City, its officers,
agents and employees against, and will hold and save them and each of them harmless from,
any and all actions, suits, claims, damages to persons or property, losses, costs, penalties,
obligations, errors, omissions or liabilities, including paying any legal costs, attorneys fees, or
paying any judgment (herein "claims or liabilities") that may be asserted or claimed by any
person, firm or entity arising out of the negligent performance of the work or services by
-3-
0
Contractor, its agents, employees, subcontractors, or invitees, provided for herein, or arising
from the negligent acts or omissions of Contractor hereunder, or arising from Contractor's
negligent performance of or failure to perform any term, provision, covenant or condition of this
Agreement, but excluding such claims or liabilities to the extent caused by the negligence or
willful misconduct of the City.
5.0 TERM
5.1 Term. Unless earlier terminated in accordance with Section 5.2 below,
this Agreement shall continue in full force.
5.2 Termination Prior to Expiration of Term. Either party may terminate this
Agreement at any time, with or without cause, upon thirty (30) days' written notice to the other
party. Upon receipt of the notice of termination, the Contractor shall immediately cease all work
or services hereunder except as may be specifically approved by the Contract Officer. In the
event of termination by the City, Contractor shall be entitled to compensation for all services
rendered and actual expenses incurred prior to the effectiveness of the notice of termination
and for such additional services specifically authorized by the Contract Officer and City shall be
entitled to reimbursement for any compensation paid in excess of the services rendered.
6.0 MISCELLANEOUS
6.1 Covenant Against Discrimination. Contractor covenants that, by and for
itself, its heirs, executors, assigns and all persons claiming under or through them, that there
shall be no discrimination against or segregation of, any person or group of persons on account
of race, color, creed, religion, sex, marital status, national origin, or ancestry in the performance
of this Agreement. Contractor shall take affirmative action to ensure that applicants are
employed and that employees are treated during employment without regard to their race, color,
creed, religion, sex, marital status, national origin or ancestry.
6.2 Nonliability of City Officers and Employees. No officer or employee of the
City shall be personally liable to the Contractor, or any successor in interest, in the event of any
default or breach by the City or for any amount which may become due to the Contractor or to
its successor, or for breach of any obligation of the terms of this Agreement.
6.3 Conflict of Interest. No officer or employee of the City shall have any
financial interest, direct or indirect, in this Agreement nor shall any such officer or employee
participate in any decision relating to the Agreement which effects his financial interest or the
financial interest of any corporation, partnership or association in which he is, directly or
indirectly, interested, in violation of any State statute or regulation. The Contractor warrants that
it has not paid or given and will not pay or give any third party any money or other consideration
for obtaining this Agreement.
6.4 Notice. Any notice, demand, request, document, consent, approval, or
communication either party desires or is required to give to the other party or any other person
-4-
shall be in writing and either served personally or sent by prepaid, first class mail, in the case of
the City, to the City Manager and to the attention of the Contract Officer, CITY OF PALM
SPRINGS, P.O. Box 2743, Palm Springs, California 92263, and in the case of the Contractor, to
the person at the address designated on the execution page of this Agreement. In the event of
notice by mail, notice shall be deemed received five (5) days after mailing.
6.5 Interpretation. The terms of this Agreement shall be construed in
accordance with the meaning of the language used and shall not be construed for or against
either party by reason of the authorship of this Agreement or any other rule of construction
which might otherwise apply.
6.6 Integration; Amendment. It is understood that there are no oral
agreements between the parties hereto affecting this Agreement and this Agreement
supersedes and cancels any and all previous negotiations, arrangements, agreements and
understandings, if any, between the parties, and none shall be used to interpret this Agreement.
This Agreement may be amended at any time by the mutual consent of the parties by an
instrument in writing.
6.7 Severability. In the event that part of this Agreement shall be declared
invalid or unenforceable by a valid judgment or decree of a court of competent jurisdiction, such
invalidity or unenforceability shall not affect any of the remaining portions of this Agreement
which are hereby
declared as severable and shall be interpreted to carry out the intent of the parties hereunder
unless the invalid provision is so material that its invalidity deprives either party of the basic
benefit of their bargain or renders this Agreement meaningless.
6.8 Waiver. No delay or omission in the exercise of any right or remedy by a
nondefaulting party on any default shall impair such right or remedy or be construed as a
waiver. A party's consent to or approval of any act by the other party requiring the party's
consent or approval shall not be deemed to waive or render unnecessary the other party's
consent to or approval of any subsequent act. Any waiver by either party of any default must be
in writing and shall not be a waiver of any other default concerning the same or any other
provision of this Agreement.
6.9 Attorneys' Fees. If either party to this Agreement is required to initiate or
defend or made a party to any action or proceeding in any way connected with this Agreement,
the prevailing party in such action or proceeding, in addition to any other relief which may be
granted, whether legal or equitable, shall be entitled to reasonable attorney's fees, whether or
not the matter proceeds to judgment.
6.10 Corporate Authority. The persons executing this Agreement on behalf of
the parties hereto warrant that (i) such party is duly organized and existing, (ii) they are duly
authorized to execute and deliver this Agreement on behalf of said party, (iii) by so executing
this Agreement, such party is formally bound to the provisions of this Agreement, and (iv) the
entering into this Agreement does not violate any provision of any other Agreement to which
said party is bound.
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DEC-04-00 MON 16:58 CITY OF PS FINANCE FAX NO. 760 322 8320 P, 02
0
IN WITNESS WHEREOF, the parties have executed and entered into this
Agreement as of the date first written above.
ATTEST: CITY OF PALM SPRINGS,
a municipal corporation
Assistant Secretary Executive Direc
(Check one: Individual_Partnership
_Corporation
(Corporations require two signatures: CON CTOR:
One from each of the following_
A. Chairman of Board,President,any ay:
tc—
Vice President:AND B. Secretary, Si ure(Notarized)
Assistant Secretary,Treasurer,
Assistant Treasurer,or Chief Financial 5 to zQ Vl ♦7 e Q. t- l vy 2
Officer)- Print Name&Tdle
�G>,vtot2IAQ �irecf-o ✓
By:
Signature(Notarized)
APPROVED AS TO FORM
Print Name& Ptle
%-1k,Attomey Mailing Address: /
'late 4 1 10 a/0 G 3-3 3 CI 4-fil Pa l Vd L1 Lf �SU-t
r
(End�Sf Signatures)
'ff 6-2fy
SURSCFW AND SWORN TO BEFORE ME%Dj SUZ a1A1A'Q. Q. ✓VQ11 /��
THIS DAYOF 9e-C—. 20 00
:. BRENDAN BAER m
TARYPIJ1 `t m ' COMM...1195362
F .
U E_? NOTARY PUBLIC-CALIFORNIA
m ORANGE COUNTY til
%�.::• My Term Exp.Bepl.3,2002
-6-
EXHIBIT A
SCOPE OF SERVICES
■ Bond Issuance
I. Financial Assessment. Develop alternative structures for the Financing for review
and approval by the City. Size the bond issue, structure those terms and conditions
which most advantageously meet demands or current market conditions and the
City's objectives.
2. Prepare Revenue Projections (if required) for inclusion in the Official Statement.
3. Financing Schedule. Develop and monitor the schedule of activities during the
financing to assist the City in meeting agenda deadlines and public notice
requirements.
4. Document Review. Review and comment on all legal documents prepared by the
City's bond counsel to ensure conformance with the proposed financing structure.
5. Disclosure Issues. Provide technical support in defining disclosure issues
necessary to meet GFOA guidelines.
6. Official Statement. Prepare the Preliminary and Final Official Statement to be
used in connection with the offering of the bonds, and in a competitive offering,
prepare the official notice of sale and notice of intention to sell bonds. Arrange for
printing and mailing of the Preliminary Official Statement. Revise the Preliminary
Official Statement for final interest rates and tables related thereto. Arrange for
printing and distribution of Final Official Statement within seven business days
from the sale date.
7. Rating and Insurance Agencies. Submit documentation, conduct negotiations and
attend meetings with rating agencies and bond insurance companies as may be
required.
8. Timing of Sale. Advise the City of market movements, trends and developments
and make recommendations as to the timing of the sale of the bonds in relation to
market conditions.
9. Pricing(Negotiated Offering). Review the Purchase Contract prepared by the
Underwriter and advise on the proposed pricing by the Underwriter.
0 0
10. Pricing (Competitive Offering). Coordinate the plans of the bid opening, evaluate
the bids submitted, check for mathematical accuracy, advise the City of the bids
and make a recommendation as to award. Revise cash flows for final pricing
information and order securities for bond defeasance escrow, if required.
11. Bond Closing. Review the proposed arrangements for closing and delivery of the
bonds including certificates and representations of other parties to ensure
certification of information relied upon in the financing.
12. Bond Administration. Advise the City in administration of the financing after
bond closing.
13. Attendance at Meetings. Attend all meetings of the working group and the city
council as required.
■ Continuing Disclosure
1. On an annual basis, prepare the Annual Report required by each Continuing
Disclosure Agreement/Certificate and submit the Annual Report to the
Dissemination Agent, if applicable, or directly to the Repositories.
■ Reports
1. Prepare the Report of Independent Financial Consultant, if any, required by the
indenture.
2. Prepare any additional reports as requested.
EXHIBIT B
SCHEDULE OF COMPENSATION
■ Bond Issuance
Fixed fee of$20,000 for a principal amount of Bonds issued up to $2,000,000 principal
amount; an additional $7,500 for each $1,000,000 principal amount of Bonds issued in
excess of$2,000,000 up to $4,000,000; an additional $5,000 for each $1,000,000
principal amount of Bonds issued in excess of$4,000,000 up to $10,000,000; an
additional $2,500 for each $1,000,000 principal amount of Bonds in excess of
$10,000,000 up to $15,000,000; and an additional $1,250 for each $1,000,000 principal
amount of Bonds in excess of$15,000,000, plus all out-of-pocket expenses, payable upon
delivery of the Bonds.
■ Continuing Disclosure
For each Annual Report:
Type of Financing Fees
Tax Allocation $1,200 first issue for a project area
$200 each subsequent issue for project area
General Fund Lease $750 first issue, no charge for each subsequent
Revenue(Enterprise Fund) $1,500 each issue
Special Tax/Assessment $1,500 each issue
Payable upon completion of Annual Report
■ Reports
Report of Independent Financial Consultant re Asset $250.00
Coverage Test- 1994 Tax Allocation Bonds
Preparation of the Payment Schedules - 1998 AD 155 No Charge
Bonds
Report of Independent Financial Consultant re PFC Bond $500.00
Redemption - 1998 PFC Airport Revenue Bonds
Additional Report of Independent Financial Consultant $500.00-
$1,000.00
Payable upon completion of Annual Report
• �r a
STATE P.O. BOX 420807,SAN FRANCISCO, CA 94142-0807
COMPENSATION
INSURANCE
FUND CERTIFICATE OF W & COMPENSATION INSURANCE
a 0 IN*
APRIL 27, 2001 h POucYNUMREW, 159457.1 — 00
p CERTIFICATE EXPIRES: '$ 19-01
CITY OF PALM SPRINGS
REDEVELOPMENT FlGEMCYL1 ►K d °I'`'',,
3200 E TAHQUITZ CANYON WAY
PALM SPRINGS CA 92262
L
This is to certify that we have issued a valid Workers' Compensation insurance policy in a form approved by the-California_
_ Insurance Commissioner to the employer named below for the policy period indicated.
This policy is not subject to cancellation by the Fund except uponl9n days'advance written notice to the employer.
XX
We will also give you3kN days advance notice should this policy be cancelled prior to its normal expiration.
XX
This certificate of insurance is not an insurance policy and does not amend, extend or alter the coverage afforded by the
policies listed herein. Notwithstanding any requlrernent,term, or condition of any contract or other document with
respect to which this certificate of insurance may, be-issued,or may pertain, the Insurance afforded by the policies
described herein is subject to all the terms.:exclusions andconditions of such;policles.
AUTHORIZED REEF ES ENTATIVC " f?R E5Ip ENT
EMPLOYER'S LIABILITY LIMIT INCLUDING DEFENSE COSTS: �1,000,000 'PER OCCURRENCE.
ENDORSEMENT #2065 ENTITLED CERTIFICATE HOLDERS' NOTICE EFFECTIVE
04/27/01 IS ATTACHED TO AND FORMS A PART OF THIS POLICY.
b ENDORSEMENT #2570 ENTITLED WAIVER OF SUBROGATION EFFECTIVE
04/27/01 IS ATTACHED TO AND FORMS A PART OF THIS POLICY.
THIRD PARTY NAME: CITY OF PALM SPRINGS
i
EMPLOYER
HARRELL & COMPANY ADVISORS LLC
333 CITY BL WEST M1430
ORANGE CA 92868
L � � . : •
�STATIE CERTIFICATE HOLDERS• N•
IP4auAnHc■
FUND ENDORSEMENT AGREEMENT
HOME OFFICE
SAN FRANCISCO
ALL EFFECTIVE DATES ARE
AT 12 01 AM PACIFIC
STANDARD TIME OR THE
TIME INDICATED AT
PACIFIC STANDARD TIME
AIN7�77HING IN THIS POLICY TO THE CONTRARY NOTWITHSTANDING. IT
IS ?.GREED THAT THIS POLICY SHALL NOT BE CANCELLED U*ML
30 DAYS
AFTER WRITTEN NOTICE OF SUCH CANCELLATION HAS BEEN PLACED IN
THE %!AIL BY STATE FUND TO CURRENT HOLDERS OF CERTIFICATE OF
WORiMM' CONIPENSATION INSLMANCE.
SPECIMEN
NOTHING IN THIS ENDORSEMENT CONTAINED SHALL BE HELD TO VARY, ALTER WAIVE
OR EXTEND ANY OF THE TERMS. CONDITIONS, AGREEMENTS. OR UMITATIONS OF THIS
POLICY OTHER THAN AS ABOVE STATED. NOTHING ELSEWHERE IN THISJn LICY SHALL SE
HELD TO VARY, ALTER. WAIVE OR LIMIT THE TERMS.CONDITIONS, AGREEMENTS OR LIMI
TATIONS OF THIS ENDORSEMENT.
COUNTERSIGNED AND ISSUED AT SAN FRANCISCO. 2065
�� y K
AUTHORIZED REPRESENTATIVE PRESIDENT
STATE � �
row��N s►nog+ WAVER OF SUBROGATTON
FUND ENDORSEMENT AGREEMENT
rOME OFFICE
-SAN FRANCISCO
ALL EFFECTIVE DATES ARE
AT 12:01 AM PACIFIC
STANDARD TIME OR THE
TIME INDICATED AT _
PACIFIC STANDARD TIME
ANYTH NG IN THIS POLICY TO THE CONTRARY NOTWITHSTANDING, IT IS
AGREED THAT THE STATE COMPENSATION INSURANCE FUND WAIVES ANY
RiGH-1-OF-SL3ROGAiIiON—AaArri&T:------ _ -
(SPECIFY 3RD PARTY REQUESTING WAIVER,ONE NAME PER ENDORSEMENT)
WHICH MIGHT ARISE BY REASON OF ANY PAYMENT UNDER THIS POLICY rN
CONNECTION WITH WORK PERFORMED BY:
I
(POLICY NAME)
IT IS FURTHER AGREED THAT THE INSURED SHALL MAINTAIN PAYROLL
RECORDS ACCURATELY SEGREGATING THE REMUNERATION OF EMPLOYEES
WHILE ENGAGED IN WORK FOR THE ABOVE EMPLOYER
IT IS FURTHER AGREED THAT PREMIUM ON THE EARNINGS OF SUCH EMPLOYEES
SHALL BE INCR.EASM BY 3%.
I
NOTHING IN THIS ENDORSEMENT CONTAINED SHALL BE HELD TO VARY,ALTER, WAIVE
OR EXTEND ANY OF THE TERMS, CONDITIONS,AGREEMENTS, OR LIMITATIONS OF THIS
POLICY OTHER THAN AS ABOVE STATED. NOTHING ELSEWHERE IN THIS POLICY SHALL
BE HELD TO VARY,ALTER, WAIVE OR LIMIT THE TERMS, CONDITIONS,AGREEMENTS OR
LIMITATIONS OF S ENDORSEMENT.
COUNTERSIGNED AND ISS 2570
AUTHORIZED REPRESENTATIVE KQE ENT
so 1aNnev.a�1
DEC-18-2000 MON -03:35 PM FROM:EARRELL & COMPANY FAX;7149391402 PAGE 1
11/21/o0 m is fag*74 2141 ROBERT E ReRI8 � Q 002/002
ACQRD,,„ CERTIFICATE OF LIABILITY INSURANCE 11 zoi2000
PRODUCER (949)474-77SO (949 474-2141 THI R IFICATGIS ISSUED AM A MATTER OFINFORMATION
Robert E. Harris Insurance Agailey, Inc, DNLYANDCONPPRSNORIGHTSUPONTHECERTIFICATE---.,
-
HOW%,THIS CERTIFICATE DOES NOT AMEND,EXTe.ND,OR
Lie. 0OZZ6735 ALTER THE COVERAgF AFFORDED BY THE POLICJS9)aEC011G:'�,
2091 Business Canter Or, , 0245
Irvine, CA 92012 INSURERS AFFOROINCCOVE
INAUREp RRrrel I IN Company Advisers CLC INSURER& Assurance Co. o America ! ,-• �° ,• �? ?.'
133 City Bqulevard West NSUaERS, State Compensat on Ns. Fund
Suite 1430 WSURDR D! Tudor Insurance COmpan
Orange, CA 9286E INSURRRM
IrvcuxeR F.
COVERAQ98
THE POLfQ(EE OF INSURANCE LI9TED BKOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED,NOTWITHSTANDINO
ANY REQUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPEOTTO WHICH THIE CEHTIFIOATE TRAY DD)BeUED OR
MAY PERTAIN,THE INSURANCE AFFORDED 9Y THE POLICIES DCSCRIBED HEREIN It OLBJECT TO ALLTHE TERMS,EXCLUSIONS AND CONDITION$OF SUCH
POLICIES,AGGREGATE LUTE SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS,
IN R
TTPROFINSURAkSe PDLIGYNUMERR 1 POL P L pD LINRE
O%NSRAL LIA41LITY AS36750058 08/22/2000 (18/22 2001 EACH aCCL)RRF-NCE m 2,000,000
X DOMAfERG1AL GRNEA�AL LL\EIUTY FIRE DAMAGE IAry ArA IRA) E 11000.00
CLAIMS MADE 6T aCDUR MED EAP(Any FM perAcr) A 10 000
A PERAONAL6AnVINJURY E 2 000 00
� �_ GeNER�I.ncGREOATE A 4.000.0001
04RL AGGREdATE LIMIT APPLIES POPo PRODUCTS•DOMPIOP AGO S 41000,000
X POLICY PRO.
JECT 77 LCG
AUTOMORILELL"IL]Y A53(5750058 OB 22/2R0( 08/22/2002 GOMg nEGENOLE LMIIT
ANYAUTO (ceAmlm,) ! 1 Otl0 000
ALL OWNED AUTOS EODILY INJURY
A ECHECULRDAUTOE (PA,Para)
X HIRED AUTOS EDGILY INJURY
X NON-OWNEO AUTOS (ftS AnD
PRIOA"Rrm,'AMAEE #
GAR49R LIABILITY AUTO ONLY-EAACCIDENT A
ANY AUTO E EAACC A
M1UT OONLYN
AGG t
%ACE$LIARILTIY EACH OCOURRENCE S
OCCUR CIAIMu°O MADE AGOR60ATE D
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AEDUcnBLE E
RETENTION
WONHERS COMPENSATION AND 1594571 09 0I/2D00 09l01 2001 D ERA
EMPLOYERS uA%IµTY CERTIFICATE RMUESTEQ
8 C
ROD1 STATE COMPENSATION E.LDIBFJSECEARMPLOYE B 1.000,000
INSURANCE FUND. FL,DISEA01-POLICY LIMIT S 1 000,000
FoRssional Liability PL0005017 09718 2000 09/18/2001 ;1,000,000 Each Claim
$1,00,000 Annual Aggregate
$25,000 Self insured Retention
�fiE9RI DN aF r@RA NEILOCATIONw,fiIOLEdAMCWplg a.ADDEDRYENqqgSEfAEE�(�WECWLPrV,(PION$
Te C7Y, i'ts emcted qr appo)nted 0 ricers, ot79cTals, empyeeB, aSents, and volunteers are to be
OVered as additional insured% With respect to liability arising out of Work Performed by or on beha17f
f the CONSULTANT, including materials, parts, or equipment furnished in connection with such Work or
parations.
except 10 days notice of cancellation for non payment of premium,
CERTIFICATE HOLDER I ABpITIONALINSURS07INSUR%RLETTER, CANCELLATION
SHOULD ANY of THE ABOVE OESCRIEED POLICIES BE CANCELLED RRFaRE THR
City Of Palm Springs and the EXPIRATION DATE THEREOF,TNE 1554IN0 ODMPANY WILL)W6X00W67G MAIL
Palm Wings Co pment Agency ri3 Y5 WRITTEN NCTICD TO THE GARTIFICATR HOLDER NAMED To THE LEFT,
It1lminity Redevelo -�
Tom Kanarr YXM1fI�fdG004XaDCYM9i13LXXX
3200 E, Tahquitz CanyolT Way XOM*3(1=xxXXXXx
Palm Springs, CA 92262 AUTH P ATIVE
CORD 2ES(Tl97( C D COR TI 19E1