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HomeMy WebLinkAbout22- Certificate Liability Certificate & Additional Covered Party - 7 East Beall StreetCERTIFICATE OF LIABILITY COVERAGE ISSUE DATE April 11, 2022 POOLED RISK RETENTION GROUP MONTANA MUNICIPAL INTERLOCAL AUTHORITY (MMIA) PO BOX 6669 HELENA, MT 59604-6669 PH: (406) 443-0907 FAX: (406) 449-7440 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE MMIA MEMORANDUM OF LIABILITY COVERAGE AND ITS DECLARATIONS. ANY STATEMENT ON THIS CERTIFICATE DOES NOT CONFER RIGHTS TO THE CERTIFICATE HOLDER IN LIEU OF REQUISITE ENDORSEMENT(s). COVERED PARTY TYPES OF COVERAGE City of Bozeman P O Box 1230 Bozeman, Montana 59771-1230 COVERAGE LETTER A B General Liability Auto Liability COVERAGE INFORMATION THIS IS TO CERTIFY THAT A COVERAGE MEMORANDUM HAS BEEN ISSUED TO THE COVERED PARTY NAMED ABOVE FOR THE COVERAGE PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE COVERAGE AFFORDED BY THE MEMORANDUM IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH MEMORANDUM. COVLTR TYPE OF COVERAGE POLICY NUMBER POLICY EFFECTIVEDATE (MM/DD/YYYY)POLICY EXPIRATIONDATE (MM/DD/YYYY)LIMITS OF LIABILITY A GENERAL LIABILITY EACH CLAIM 750,000 X Occurrence 012-LIAB-2022-1 07/01/2021 12:01 am 06/30/2022 EACH OCCURRENCE 1,500,000 B AUTO LIABILITY EACH CLAIM 750,000 X Occurrence 012-LIAB-2022-1 07/01/2021 12:01 am 06/30/2022 EACH OCCURRENCE 1,500,000 DAMAGES UNDER COVERAGE A or B THAT ARE NOT SUBJECT TO LIMITATIONS ON GOVERNMENTAL LIABILITY AS SET FORTH IN MCA, SECTION 2-9-108 X 012-LIAB-2022-1 07/01/2021 12:01 am 06/30/2022 THESE DAMAGES ARE SUBJECT TO THE AGGREGATE LIMITS OF LIABILITY SET FORTH BY DECLARATION Remarks (Including Special Conditions) As Regards: Contract Number: Commercial Lease - 7 E. Beall The certificate holder is listed as additional covered party per Endorsement Number: LB-012-15 CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED MEMORANDA BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE MEMORANDA PROVISIONS.The Ridge Center LLC PO Box 1795 Bozeman, MT 59715 AUTHORIZED REPRESENTATIVE Additional Covered Party:The Ridge Center LLC Reference Activities: Section 1.05 Leased Premises: The Leased Premises is that portion of the 1st floor of the Project containing approximately 4,036 square feet of net rentable area, more or less, in the Project located at 7 E. Beall in the City of Bozeman, Gallatin County, Montana 59715 (the "Building"). Along with the Leased Premises, Tenant will have the non-exclusive right to use all areas designated as "Common Areas" in and around the Building by Landlord, including, but not limited to, lobbies, sidewalks, parking areas and private driveways, if any, as more particularly described in this Lease. In reliance on the representations made in the Entity's application for an Additional Covered Party Endorsement, the Montana Municipal Interlocal Authority (Authority) agrees to provide coverage for the Additional Covered Party named above under the Memorandum of Liability Coverage (Memorandum). Subject to the LIMITS OF LIABILITY, EXCLUSIONS, CONDITIONS and other terms of the Memorandum of Liability Coverage, the Authority agrees to pay on behalf of the Additional Covered Party all sums in excess of the DEDUCTIBLE which the Additional Covered Party shall become legally obligated to pay as Damages, as those terms are defined in the Memorandum and to which the Memorandum applies, arising solely from the Member Entity’s actions, activities and operations in fulfillment of the responsibilities outlined in the Reference Activities noted above as identified in the Commercial Lease - 7 E. Beall, which is attached to and made a part hereof, and caused by an Occurrence during the Policy Year noted above. Coverage under this Endorsement applies only to that coverage afforded under of the Memorandum of Liability Coverage, and any reinsurance coverage that follows the form of the Memorandum of Liability Coverage. As set forth in the Entity's Application for Additional Covered Party Endorsement coverage under the Memorandum, the undersigned Additional Covered Party understands that this endorsement for coverage is limited to liability arising solely out of the Member Entity’s actions, activities and operations in fulfillment of the responsibilities outlined in the Reference Activities noted above which is made a part hereof, and is contingent upon the Additional Covered Party being in compliance with the terms and conditions of the above referenced contract. ______________________________________________ MMIA AUTHORIZED REPRESENTATIVE MONTANA MUNICIPAL INTERLOCAL AUTHORITY ADDITIONAL COVERED PARTY ENDORSEMENT UNDER THE MEMORANDUM OF LIABILITY COVERAGE Member Entity: City of Bozeman Contract #: Commercial Lease - 7 E. Beall Issue Date: April 11, 2022 Endorsement #: LB-012-15 Coverage Period: July 1, 2021 to June 30, 2022