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Resolution 2014-047
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Resolution 2014-047
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Last modified
11/17/2014 8:27:49 AM
Creation date
6/24/2014 3:01:34 PM
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North Olmsted Legislation
Legislation Number
2014-047
Legislation Date
6/3/2014
Legislation Title
Baker Systems Greens Lawnmower for Springvale Golf Course
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MINIMUM INSURANCE REQUIREMENTS 0 Eveff3ank <br />Please fax completed and signed Minimum Insurance Requirements 1- 866- 329 -8795 COMMERCIAL FINANCE° <br />Questions or need assistance? Call 1 -866 - 550 -8795 <br />Note: Certificate or Binder must be received prior to funding by EverBank Commercial Finance, Inc. <br />A. Physical Damage: <br />Must be for Full Replacement Value of Equipment. <br />B. Public Liability Coverage: <br />$250,000 per person. <br />$500,000 per occurrence, and $50,000 property damage. <br />Or a minimum umbrella policy for $1,000,000.00. <br />Additional insured and loss payee language must be included as follows: <br />Certificate Holder, its successors and assigns, is named as additional insured and loss payee, as its <br />interest may appear, with respect to Lease Agreement Number 41075015 by and between CITY OF <br />NORTH OLMSTED, OHIO as Lessee /Customer, and EverBank Commercial Finance, Inc. ( "ECF ") as <br />Lessor /Owner. <br />Full replacement value is $ <br />INSURANCE BROKER INFORMATION: (Please fill in) <br />Insurance Broker: <br />Address: <br />Telephone and Fax Number(s): <br />Contact: <br />No transaction will be funded unless ECF has received evidence of insurance in accordance with the <br />foregoing requirements, including the required additional insured and loss payee language. <br />The undersigned acknowledges receipt of a copy of this minimum insurance requirement sheet this <br />day of 120 <br />By: X <br />Title: <br />Please send insurance information to: EverBank Commercial Finance, Inc., <br />10 Waterview Blvd, Parsippany, NJ 07054 <br />Minimum Insurance Requirements - Universal V4 01012012 <br />
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