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O-1995-2074
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O-1995-2074
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Last modified
11/2/2016 3:38:56 PM
Creation date
7/24/2006 2:53:59 PM
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Legislative Records
Legislative Type
Ordinance
Date
10/23/1995
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<br />e <br /> <br />e <br /> <br />· Products & Completed <br />Ops. <br /> <br />$500,000 <br /> <br />Aircraft repair <br />or service, fuel <br />& oil sale, air- <br />craft sales, av- <br />ionics repair, <br />aircraft parts <br />sales, manufact- <br />uring <br /> <br />· Contractual Liability <br /> <br />$500,000 <br /> <br />Hold harmless & <br />indemnification <br />agreement incl- <br />uded in a lease <br /> <br />· Hangar Keepers <br />Liability <br /> <br />(Risk Analysis) <br /> <br />Non-owned air- <br />craft in care, <br />custody or con- <br />trol of tenant <br />while on ground <br /> <br />· Property Insurance <br />for Leased Premises <br /> <br />(Replacement value of <br />lease hold premises) <br /> <br />Covers physical <br />damage to prem- <br />ises leased from <br />the Airport. <br /> <br />· Builders Risk <br /> <br />$500,000 <br /> <br />Construction <br />projects <br /> <br />· Automobile Liability <br /> <br />statutory minimum <br /> <br />Owned/non-owned <br />licensed vehicle <br />driven on air- <br />port premises <br /> <br />· Chemical Liability <br /> <br />statutory <br /> <br />Aerial applicat- <br />ors and fire <br />bombers <br /> <br />Operator shall furnish, annually, a completed Insurance <br />certificate(s) to the Owner, which shall be completed by an agent <br />authorized to bind the named underwriter(s) to the coverage limits <br />and termination provisions shown thereon, and which shall furnish <br />and contain all required information referenced or indicated <br />therein. <br /> <br />The Owner reserves the right to review the insurance requirements <br />of this Section during the effective period of operations and to <br />adjust insurance coverages and their limits when deemed necessary <br />and prudent by the Risk Manager for the Owner based upon changes in <br />statutory law court decisions or the claims history of the industry <br />as well as the Operator. <br /> <br />5 <br />
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