Loading...
Item I8 I8 BOARD OF COUNTY COMMISSIONERS COUNTY of MONROE Mayor Craig Cates,District 1 The Florida Keys Mayor Pro Tern Holly Merrill Raschein,District 5 Michelle Lincoln,District 2 James K.Scholl,District 3 m' David Rice,District 4 Board of County Commissioners Meeting September 20, 2023 Agenda Item Number: I8 2023-1516 BULK ITEM: Yes DEPARTMENT: Airports TIME APPROXIMATE: STAFF CONTACT: Richard Strickland N/A AGENDA ITEM WORDING: Approval of Second Amendment to Lease Agreement with Tesla, Inc. f/k/a Tesla Motors, Inc. adding an adjacent undeveloped parcel of land at the Florida Keys Marathon International Airport for Tesla to install a new electrical equipment platform, extending the lease agreement to December 31, 2034, and increasing annual rent payments from $8,257.80 to $28,800.00, in exchange for Tesla increasing the number of electric vehicle charging stations from four (4) to twelve (12) and making improvements to the leasehold areas. ITEM BACKGROUND: After extensive negotiations, Tesla has agreed to remove the existing fixtures and equipment platform upon completion of the new equipment installation, landscape newly developed areas to match existing parking lot islands with stone and landscape/build an element to minimize sight of electrical equipment and platform. The twelve new charging stations will include ten (10) standard charging stalls, one(1) ADA accessible charging stall, and one (1)pull-through lane with charging stall. PREVIOUS RELEVANT BOCC ACTION: Approval of original lease on November 18, 2014 and approval of First Amendment on March 15, 2017. CONTRACT/AGREEMENT CHANGES: Increases leasehold space, extends lease termination date to December 31, 2034, with one (1) option to extend the term for five(5)years, and adjusts annual rent payments beginning on the earlier to occur of (a) January 1, 2024 or (b) the date that all twelve(12) electric charging stalls are operational and open to the public. A new certificate of insurance for the increased amounts of coverage will be provided prior to BOCC exeuction of the amendment. 3067 STAFF RECOMMENDATION: Approval. DOCUMENTATION: MTH-Tesla Second Am end ment.pdf FINANCIAL IMPACT: Revenue producing from $688.15/month to $2,400.00/month. 3068 SECOND AMENDMENT TO LEASE AGREEMENT FLORIDA KEYS MARATHON AIRPORT TESLA, INC. THIS SECOND AMENDMENT TO LEASE AGREEMENT (the"2"d Amendment") is made and entered into this August day of 31,2023 by and between MONROE COUNTY, a political subdivision of the State of Florida, whose address is 1100 Simonton Street,Key West, Florida 33040, hereinafter referred to as "COUNTY" or "LESSOR'' and TESLA, Inc., FIKIA TESLA MOTORS, Inc., a Delaware corporation authorized to do business in the State of Florida, whose address is 3500 Deer Creek Road, Palo Alto, California, 94304, hereinafter referred to as "LESSEE". WHEREAS, on the 18th day of November 2014 the parties entered into a lease agreement(hereafter"Original Lease") for purposes of providing charging stations for electric vehicles; and WHEREAS,on the 15th day of March 2017 the parties agreed to amend certain terms of the lease ("I"Amendment"and together with the Original Lease, collectively the ``Lease"); and WHEREAS, pursuant to the terms of the Original Lease, on August 15, 2019, Lessee timely provided the County with Lessee's written request to renew the Original Lease for an additional 5-year period; and WHEREAS,Lessee and County have been involved in extended negotiations regarding the terms of the renewal, and WHEREAS, Lessee has now agreed to make improvements to the property pursuant to the term if this 2nd Amendment; and WHEREAS, Lessor and Lessee have agreed to amend certain terms of and exhibits to the Lease pursuant to the term of this 2"d Amendment; and WHEREAS, Lessor and Lessee have agreed to amend the rent pursuant to the term if this 2nd Amendment; and WHEREAS, Lessor a n d L e s s e e have agreed to amend the term pursuant to the term if this 2"d Amendment; and WHEREAS, Lessee will remove existing fixtures and equipment platform upon completion of new equipment installation pursuant to the term of this 2"d Amendment; and WHEREAS, the parties have found the Lease to be mutually beneficial. 3069 NOW THEREFORE,IN CONSIDERATION of the mutual covenants and agreements set forth below, the parties agree to amend the Lease as follows: Section 1. Paragraph 1)of the Original Lease is amended to read as follows: 441. Premises. The COUNTY does hereby lease to LESSEE, and LESSEE leases from the COUNTY, twelve (12) parking spaces, an adjacent undeveloped parcel of land, approximately 17' x 1 l' (l 87 sq.ft), for an electrical equipment platform, and a second undeveloped parcel of land for a pull-through charging stall, approximately 90' x 30' (2,700 sq.ft) located at the Florida Keys Marathon Airport, hereafter the "Premises", as described in Exhibit"A" (August 2023)and Exhibit"A-I"(August 2023)attached hereto and incorporated herein. LESSEE shall, improve the leased area to include the following: I. (12)electric vehicle charging station stalls,to include ten(10)standard charging stalls, one ADA accessible charging stall, and one pull-through lane with charging stall. 2. Newly developed areas shall be landscaped to match existing parking lot islands with stone installed around charging posts and equipment platform, with a barrier installed to control and prevent unwanted weed growth. 3. Landscape/ Build element to minimize sight of electrical equipment and platform. All leasehold improvements shall be completed and available for public use by July 1, 2024. LESSEE shall use and occupy the Premises during the term of tenancy for an electric vehicle charging station and incidental purposes, including generating PV electricity and operating an energy storage system. All use of the Premises by LESSEE shall comply with applicable codes, laws, and ordinances. NO OTHER USE OF THE LEASED PREMISES IS PERMITTED WITHOUT FIRST OBTAINING WRITTEN APPROVAL FROM THE COUNTY. LESSEE shall,at its sole cost,remove its trade fixtures promptly following termination or expiration of this Agreement and restore the Premises to a condition commensurate with the rest of the property, subject to exceptions for reasonable wear and tear and damage by casualty or condemnation. LESSOR agrees that all trade fixtures and related intellectual property are and shall remain the personal property of LESSEE.The remaining improvements (excluding infrastructure that is upstream of the meter, which is and shall remain the property of the utility) shall, become the property of the County and LESSEE, at its sole costs, shall leave the same in a safe condition." Section 2. Paragraph 2)of the Original Lease is amended to read as follows: '42. Term.The term of the Lease shall expire on December 31, 2034("Expiration Date"). LESSEE shall have one (1) option to extend the term of the Lease for five (5) years 3070 (each, a"Renewal Term")by providing written notice to COUNTY no later than 90 days prior to the expiration of the then current term, subject to COUNTY's approval of the same, which approval shall be deemed unless COUNTY denies such Renewal Term within ninety(90)days after receipt of LESSEE's notice. Upon the termination of this Lease, either under this paragraph or as expressly provided elsewhere in this Lease, LESSEE must peacefully surrender the Premises in accordance with Section 1 of this Lease. In the event of a sale or transfer of the Premises by County while the Lease is in effect, LESSEE's rights shall be conveyed with the Premises." Section 3. Paragraph 3) of the Original Lease is amended to read as follows: 663. Rent. Beginning on the earlier to occur of(a) January 1, 2024, or(b) the date that all twelve (12) electric vehicle charging stalls are operational and open to the public, the rent for the premises as described in Section 1 and depicted in Exhibit A (August 2023) and Exhibit"A-1" (August 2023) of this Lease, shall be one hundred fifty dollars($150.00) per month per vehicle space. The calculation shall be as follows: $150.00 x 12 months x 16 vehicle spaces(which 16 spaces are comprised of(i)ten standard charging stalls equivalent to 10 vehicle spaces, (ii) one ADA accessible charging stall equivalent to 2 vehicle space (iii) one a 90' x 30' (2,700 sq.ft)pull-through lane equivalent to 3 vehicle spaces, and (iv) a (187 sq.ft) undeveloped parcel equivalent to 1 vehicle space). Therefore, the rate calculation is $150 x 16 as shown in the following chart,plus applicable state sales tax and applicable local county tax with the monthly rent due and payable beginning on the first day of each month. Year Annual(3% Increase) Monthly $150 per Dedicated S ace 1 $28,800.00 $2,400.00 2 $29,664.00 $2,472.00 3 $30,553.92 $2,546.16 4 $31,470.53 $2,622.54 5 $32,414.64 $2,701.22 6 $33,387.07 $2,782.25 7 $34,388.68 $2,865.72 8 $35 420.34 $2,951.69 9 $36,482.95 $3,040.24 10 $37,577.43 $3,131.45 The rent for the renewal term, if exercised, shall be negotiated by Lessor and Lessee to be reset at a fair and equitable rate in alignment with market rates for the use and benefit of the property. All rental payments shall be made electronically to an account specified by COUNTY or by check at the Airport Office, 9400 Overseas Highway, Suite 200, Marathon, FL 33050." Section 4. Paragraph 5)of the Original Lease is amended to read as follows: 3071 "5. Intentionally Omitted." Section 5. Paragraph 6) of the Original Lease is amended to read as follows: 646. Intentionally Omitted." Section 6. Sub-Paragraphs 14(a)-(e)of the Original Lease are amended to read as follows: "LESSEE shall maintain commercial general liability insurance with Iimits of not less than Two Million Five Hundred Thousand dollars ($2,500,000) per occurrence and Four Million dollars ($4,000,000) aggregate for combined single limit for bodily injury or third party property damage.The total limits above may be met by any combination of primary and excess liability insurance. A certificate evidencing such insurance shall be delivered to County upon the execution of this Agreement and upon reasonable request by County. LESSEE shall include County, and The Monroe County Board of County Commissioners as additional insureds on its commercial general liability and, if applicable to meet limit requirements, umbrella and/or excess insurance policies, with respect to liability under this Agreement. LESSEE shall maintain auto liability insurance with limits of One Million dollars($1,000,000 USD) combined single limit. LESSEE will maintain worker's compensation insurance in accordance with state and federal law. This requirement may be waived by LESSEE if LESSEE is a qualified self-insured in the state where the Premises are located. Insurance shall be maintained with responsible insurance carriers authorized to do business in the State of Florida and with a Best Insurance Reports rating of*'A-" or better or through a formal self- insurance mechanism that has either (a) a Best Insurance Reports rating of"A-" or better; or (b) a financial size category of"VI"or higher, provided, that if such self-insurance program does not meet either(a) or(b), then LESSEE's use of self-insurance for the coverages herein shall be subject to Counterparty's approval, not to be unreasonably withheld, conditioned, or delayed." Section 7. Paragraph 23)of the Original Lease is amended to read as follows: "23. Nondiscrimination.LESSEE agrees that there will be no discrimination against any person by LESSEE with respect to the Premises or LESSEE's activities or business conducted thereon, and it is expressly understood that upon a determination by a court of competent jurisdiction that discrimination has occurred in violation of the foregoing, this Agreement automatically terminates without any further action on the part of any party, effective the date of the court order. LESSEE agrees to comply with all Federal and Florida statutes, and all local ordinances, as applicable, relating to nondiscrimination. These include but are not limited to: 1)Title VII of the Civil Rights Act of 1964(PL 88-352),which prohibit discrimination in employment on the basis of race, color, religion, sex,and national origin;2) Title IX of the Education Amendment of 1972,as amended(20 USC §§ 1681-1683,and 1685- 1686),which prohibits discrimination on the basis of sex; 3) Section 504 of the Rehabilitation Act of 1973, as amended (20 USC § 794), which prohibits discrimination on the basis of handicaps; 4) The Age Discrimination Act of 1975, as amended (42 USC §§ 6101-6107), 3072 which prohibits discrimination on the basis of age; 5)The Drug Abuse Office and Treatment Act of 1972(PL 92-255),as amended,relating to nondiscrimination on the basis of drug abuse; 6) The Comprehensive Alcohol Abuse and Alcoholism Prevention, Treatment and Rehabilitation Act of 1970(PL 91616),as amended,relating to nondiscrimination on the basis of alcohol abuse or alcoholism; 7)The Public Health Service Act of 1912, §§ 523 and 527 (42 USC §§ 690dd-3 and 290ee-3), as amended, relating to confidentiality of alcohol and drug abuse patient records; 8)Title VIII of the Civil Rights Act of 1968 (42 USC §§ 3601 et seq.), as amended, relating to nondiscrimination in the sale, rental or financing of housing; 9) The Americans with Disabilities Act of 1990 (42 USC §§ 12101), as amended from time to time, relating to nondiscrimination in employment on the basis of disability; 10) Monroe County Code Chapter 14, Article II, which prohibits discrimination on the basis of race, color, sex, religion, national origin, ancestry, sexual orientation, gender identity or expression, familial status or age; and 11) any other nondiscrimination provisions in any federal or state statutes which may apply to the parties to,or the subject matter of, this Agreement." Section 8. All other provisions of the Lease not inconsistent herewith,shall remain in full force and effect. In the case of any inconsistency between the provisions of the Lease and this 2ed Amendment, the provisions of this 2°d Amendment shall govern and control. Each party represents that they have obtained all third party consents (including from lenders) that are necessary, if any, for the execution and performance of this 2nd Amendment. Each party acknowledges and agrees that the terms and conditions of this 2nd Amendment, and any nonpublic information disclosed in connection with the Lease or this 2nd Amendment, are confidential. This 2nd Amendment may be executed in counterparts, each of which shall be deemed an original and all of which together will constitute one agreement. Electronic signatures and other signed copies transmitted electronically in PDF or similar format shall be treated as originals. 3073 IN WITNESS WHEREOF, the parties have caused these presents to be executed by their respective officer or representative thereunto duly authorized, the day and year first above written. (SEAL) BOARD OF COUNTY COMMISSIONERS ATTEST: OF MONROE COUNTY, FLORIDA By By Deputy Clerk Mayor(Chairperson WITNESSES: Tesla, Inc., a Delaware Corporation By ir),wq COU AT" Sr.Regional Manager,Southeast Title EyDsft 3074 Ilk rr 5m II r are ap/iiii �%ar%l%I r, �"r "ilsl p� / Sri ri r r rrj • � ,; ym awe •�rd!� °v�/%�i �r'�i%i � , i� (��' //' �i/�% pr 6/ • kr�C �p f/ .,I / / �u rn it➢�j r Jr r ?r�r v r 9 .......... r -76 / aW 3075 loor A,. Wyk 10 ORO or t w r .. . 1• uffi m"DD �D w� G3 op ppi 1' w 3076 EXHIBIT B FAA REQUIRED LEASE CLAUSES 1. This lease shall be subject to review and re-evaluation at the end of each I year period, by the airport owner and the rent may be adjusted according to their action, not to exceed the Consumer Price Index rate during the last 12 month period,or; Land less improvements will be appraised every 5 years and the adjusted rental will be based on normally 10-12 percent of the appraised value. If disputed, lessor obtains appraisal at his expense and lessor/lessee equally share expense for review appraisal that establishes fair market value. 2. The Lessee for himself, his personal representatives, successors in interest and assigns, as a part of the consideration hereof, does hereby covenant and agree that (1) no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination in the use of said facilities, (2) that in the construction of any improvements on, over or under such land and the furnishing or services thereon, no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of,or be otherwise subjected to discrimination,(3)that the Lessee shall use the premises in compliance with all other requirements imposed by or pursuant to Title 49, Code of Federal Regulations, Department of Transportation, Subtitle A, Office of the Secretary, Part 21, Nondiscrimination in Federally-assisted programs of the Department of Transportation-Effectuation of Title VI of the Civil Rights Act of 1964, and as said Regulations may be amended. That in the event of breach of any of the above nondiscrimination covenants, Airport Owner shall have the right to terminate the lease and to re-enter and as if said lease had never been made or issued. The provision shall not be effective until the procedures of Title 49, Code of Federal Regulations, Part 21 are followed and completed including exercise or expiration of appeal rights. 3. It shall be a condition of this lease, that the lessor reserves unto itself, its successors and assigns, for the use and benefit of the public, a right of flight for the passage of aircraft in the airspace above the surface of the real property hereinafter described, together with the right to cause in said airspace such noise as may be inherent in the operation of aircraft, now known or hereafter used, for navigation of or flight in the said airspace, and for use of said airspace for landing on,taking off from or operating on the airport. That the Lessee expressly agrees for itself, its successors and assigns, to restrict the height of structures, objects of natural growth and other obstructions on the hereinafter described real property to such a height so as to comply with Federal Aviation Regulations, Part 77. That the Lessee expressly agrees for itself, its successors and assigns,to prevent any use of the hereinafter described real property which would interfere with or adversely affect the operation or maintenance of the airport, or otherwise constitute an airport hazard. 3077 4. This lease and all provisions hereof are subject to any ordinances rules or regulation which have been,or may hereafter be adopted by the Airport Owner pertaining to the Florida Keys Marathon International Airport. 5. Notwithstanding anything herein contained that may be, or appear to be, to the contrary, it is expressly understood and agreed that the rights granted under this agreement are nonexclusive and the Lessor herein reserves the right to grant similar privileges to another Lessee or other Lessees on parts of the airport. 3078 CC> DATE /YYYY) CERTIFICATE OF LIABILITY INSURANCE 03/10/2023/2023 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies)must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER CONTACT Martha Scholl MARSH RISK& INSURANCE SERVICESo NAME: FOUR EMBARCADERO CENTER,SUITE 1100o PHONE (415)743-8222 A C No): (415)743-8080 CALIFORNIA LICENSE NO.0437153o E-MAIL s: martha.scholl@marsh.com SAN FRANCISCO,CA 94111ro Attn:San Francisco.Certs@marsh.com/FAX 212-948-0398 INSURER(S)AFFORDING COVERAGE NAIC# CN 104275261-STN D--22-23 SC 2242 INSURERA:Zurich American Insurance Company 16535 INSURED Tesla,Inc.o INSURERB:N/A N/A 3500 Deer Creek Roado INSURER C:American Zurich Insurance Company 40142 Palo Alto,CA 94304 INSURER D:N/A N/A INSURER E: INSURER F: COVERAGES CERTIFICATE NUMBER: SEA-003519939-26 REVISION NUMBER: 11 THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY 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 INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR ADDLSUBR POLICYEFF POLICY EXP TYPE LTR INSD WVD POLICYNUMBER MMIDD/YYYY MMIDD/YYYY LIMITS A X COMMERCIAL GENERAL LIABILITY X GLO1074588-05 10/31/2022 10/31/2023 EACH OCCURRENCE $ 1,000,000 CLAIMS-MADE OCCUR "Includes Host Liquor Liability" DAMAGE TO RENTED 1,000,000PREMISES Ea occurrence $ X SIR:$1,000,000 MED EXP(Any one person) $ 5,000 X Tort Contrac Liab,No XCU Excl PERSONAL&ADV INJURY $ 1,000,000 GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE $ 1,000,000 X POLICY❑ PRO ❑ LOC PRODUCTS-COMP/OPAGG $ 1,000,000 JECT OTHER: $ A AUTOMOBILE LIABILITY X BAP1074586-05 10/31/2022 10/31/2023 COMBINEDINGLELIMIT Ea ccidentS $ 1,000,000 a X ANY AUTO BODILY INJURY(Per person) $ OWNED SCHEDULED BODILY INJURY(Per accident) $ AUTOSONLY AUTOS HIRED NON-OWNED PROPERTYDAMAGE AUTOSONLY AUTOSONLY $ UMBRELLA LIAB OCCUR EACH OCCURRENCE $ EXCESS LIAB CLAIMS-MADE AGGREGATE $ DED RETENTION $ C WORKERS COMPENSATION WC 1074583-05(AOS) 10/31/2022 10/31/2023 X PER X OTH- AND EMPLOYERS'LIABILITY STATUTE I FIR A YIN WC1074584-05 MA,W 10/31/2022 10/31/2023 ANYPROPRIETOR/PARTNER/EXECUTIVE ( ) 1,OOQ000 A OFFICER/MEMBEREXCLUE N NIA E.L.EACH ACCIDENT $ (Mandatory in NH) CA XSWC EWS 1074585-05($50M is XS 10/31/2022 10/31/2023 E.L.DISEASE-EA EMPLOYEE $ 1,000,000 If yes,describe under "$10M SIR,$1 M EE/EA is XS$10M SIR)" 1,000,000 DESCRIPTION OF OPERATIONS below E.L.DISEASE-POLICY LIMIT $ DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES(ACORD 101,Additional Remarks Schedule,may be attached if more space is required) Supercharger Tracking ID:2242ro Supercharger Location:9400 Overseas Hwy,Marathon, FL 33050ro Ir ' ro I Monroe County BOCC is included as additional insured(except workers'compensation) where required by written contract. W „ 3 . 14 . 23 DATE- CERTIFICATE HOLDER CANCELLATION Monroe County BOCCo SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE Insurance Complianceo THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN PO Box 100085-FXo ACCORDANCE WITH THE POLICY PROVISIONS. Duluth,GA 30096 AUTHORIZED REPRESENTATIVE ``��rr ©1988-2016 ACORD CORPORATION. All rights reserved. ACORD 26 (2016/03) The ACORD name and logo are registered marks of ACORD 3079 POLICY NUM GLO 107458S 05 COMMERCIAL GENERALLIABILITY CG 20100413 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED -OWNERS, LESSEES OR CONTRACTORS - SCHEDULED PERSON OR ORGANIZATION Thiiisendorsement rnodfiPsinsuranca faro\•ided urrdertt-e k>Jiowing: COivi MERCIAL GENERAL LIABI II_IITYGOV RAGE PART SCHEDULE Name Of Additional nsu r:Person(s) OrOJQanizati00 SJ Location(s)Of Covered Operations WINIHEREWORKOR ORTOWHCHYOU ... RE RE)URED TO OPERATONSPERF ORMBDIW THE P VIDE!VIIDIT N.MSUREDSTA-US I INSURED OR ON T EIR B F A WRF....I.EN. CCNTRAC"F OR WR1 TTIITN REEI••IENT EXECUTEDPRI OR IFO LOSS... EXCEf"I'TVJH::RE H CONTRACT OR 4GIIRII®II3VIIF:::::NT 1 PROH IBI FIF:::D 1BYLAW nfnrmatior IF.gtirP.1 to mmpiP:QP. t h i Sr.hP.duiP.,if not hcr.vr.Abo P. W I I t E shoynuin thP. DP.dai ,loon.I. CG 2010 0413 © I nsurance Services Page 1 of2 3080 A. Section I I — Whols An I nsured is amended to 1 _ All IJ.'Ork. rllldudinQ ma teric s,perts. orecpp i irclu:te as an additional insured the pE!fson(s) menl Iluirn shed in oonnection with such work. or orx he p°inject (other than sa r i ce orgainiz:aton(s)shown n Ilhe Sct-edub_WI onlyviiiiitth maintemmoe or repairs) to be performed :>y or respect to liability Ior 'bodily injut)" "property on Ilbehairof he dcunoge" or "pOrscr c:ll .::nd advOrtising InJury, a1 ditlo; QI at -the Iocatkrn of--hi I insofQ1 ( wood®InwhoiQ or Ii-i part, covedW operations has been coupill too: or bi':. 2. Tha:: porldon of "y<;x;r •Nof'l(• out of whch -he 1. Your a:is oroirnissions:or injury:>r damage crises has been put to its 2. The acts Qf omliissions of \b;)sti scthg or i ntended use b-an' person O( organizatliion your b?half; olha than ancther contractor:>r s conti°sc:',llor engaged in performing op tims for a principal in the performance of yoLr cngoirg operaijons for s.:. rl::r ma saroo J.V)fact th3 addi:ional in3'.tred(s) at the Iocotion(3) C. VJth f pocl to t"""O Irisutar'100 atrordaj to the des gnsted above_ additional Irwsurads, the following is added tc l lIavt>war: secuon III —Limits Or 1 nsurance: 1. The insurance afforded to su::h a:tditional if coveta{;e provided to the addionallinsured is inns Xed only applies to the eld-ant permillad dlqu[r:00 b(a con ract oragr m t.ah.;, most wfj by will pay o.°' Ibelhaf c::)f tt°II::::.II additboal Insko l.aw:au-d amountor nsuranoo 2® Ilfcc ®araga prcvld00 to ttla additionalhiSurad Is 1. FReq.Jiradby theconVta::.l or agreement;or requirGd by a :::ointr;:..ct or ag.a.em- I tlH ulsw,aiicc, ilfi ed to S) ClddilOt11 i11SU100 2. Ava able uncer the apr ica limits of -on? not CC broadir mt' mat wh�et"t yoJ ari I Insurance shown n the Declairations: iaqur.:dby IhztoomJiJooi UQr001m:ruttoPio'irna- \hia ever i31e-ss_ for such add tional i nsured_ ri)IS ancrorsement shal 0>-t inetaase the at:lplllicallola B- dUall fGSpOC1 tol'IQ It SUCir'100 ilUOfdQj to tnc-� Lh tit$or 1nS1.1iJU1:a shown in tha O JUCII'iltOUS. acOli lional insureds° ug, following ajditlonal all.dusi ons et,r,?y: This insurance does net apply to 'bodily i jury" or "propacy aariiiagO<yctd-ringattat: CG 2010 0413 0 I nsuranceServices Page 2 of2 3081