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HomeMy WebLinkAboutCORRESPONDENCE - BID - 7101 GOLF CARTS - 2010 PHASE 2YAMAHA MOTOR CORPORATION, U.S.A. COMMERCIAL CUSTOMER FINANCE 6555 Katella Avenue, Cypress, CA 90630 (800) 551-2994, Fax (714) 761-7363 E-MAIL: Donna_Hennessy@yamaha-motor.com X NAME OF INSURANCE AGENT: ADDRESS: X PHONE: x FAX: RE: ___ COLLINDALE GOLF COURSE Gentlemen: And 05, 2010 Please Reference our Quote# 95950 (Customer) Account # The Customer has leased or will be leasing equipment from Yamaha. The Customer is required to provide Yamaha with the following insurance coverage: "Ail Risk" Property Insurance covering the property owned by or in which Yamaha has a security interest, in an amount not less than the full replacement cost of the property, with Yamaha named as LOSS PAYEE. Public Liability Insurance naming Yamaha as an ADDITIONAL INSURED with the proceeds to be payable first on the Behalf of Yamaha to the extent of its liability, if any. The amount of the Public Liability Insurance shalt not be less than $1,000,000.00 combined single limit. Each policy shall provide that: (I) Yamaha will be given not less than thirty (30) days prior written notice of cancellation or non -renewal, (ii) it is primary insurance and any other insurance covering Yamaha shall be secondary or excess of the policy and (iii) in no event shall the policy be invalidated as against Yamaha or its assigns for any violation of any term of the policy or the Customer's application therefore. A Certificate evidencing such coverage should be mailed to Yamaha at the following address. Yamaha Motor Corporation, U.S.A. Attn: Commercial Customer Finance 6555 Katella Ave Cypress, CA 90630 Your Prompt attention will be appreciated. Equipment Covered: 76 YDRE GOLF CARS Equipment Location: 1441 E. HORSETOOTH ROAD -- FORT COLLINS, CO 80525 Very Truly Yours, CITY OF FORT COLLINS (Name of Debtor/Lessee) Ix By: (Signature of Authorized Officer) Title: STATES SELF -INSURERS RISK RETENTION GROUP, INC. 222South Ninth St Suite 1300 Minneapolis, MN 55402-3332 (612) 766-3000 CERTIFICATEOF INSURANCE , Insured: City of Ft. Collins This certificate is issued as a matter of information only and 215 N Mason St / PO Box 580 confers no rights upon the certificate holder. This certificate Ft. Collins CO 80522-0580 does not amend, extend or alter the coverage afforded by the policy(ies) below. Coverages: This is to certify that the policy(ies) 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 policy(ies) described herein is subject to all the terms, exclusions, and conditions of such policy(ies). Policy Effective Expiration Limits Type of Insurance: Number Date Date Occurrence Aggregate Public Entity SEL3017500 5/l/2009 5/1/2010 $3,000,000 $6,000,000 Excess Liability including Error or Omission and Liquor Liability Coverage. Retroactive Date: Occurrence Form Policy Description of Operations/LocationsNehicles/Special Terms: Certificate holder is an additional insured with respects to the leasing of 76 YDR Golf Cars by Collindale Golf Course located at 1441 E Horsetooth Road, Fort Collins, CO 80525. Certificate Holder: CANCELLATION: Should any of the above described policy(ies) be cancelled before the expiration date thereof, the issuing Yamaha Motor Corporation, U.S.A. company will mail thirty (30) days written notice to the certificate Attn: Commercial Customer Finance holder named to the left, but failure to mail such notice shall impose no 6555 Katella Ave obligation or liability of any kind upon the company, its agents or Cypress, CA 90630 representatives. Self -Insured Retention: Authorized Representative: $500,000 ''"""` 4/15/2010 Signature Date //x''� j �"►'� ACORD d,\.iERTI �CATE � , DATE (MMIDDIYY) 04/16/10 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 PRODUCER 1-303-773-9999 Arthur J. Gallagher Risk Management services, Inc. 6399 S. Fiddlers Green Cir Suite 200 ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. COMPANIES AFFORDING COVERAGE COMPANY ' Greenwood Village, CO 80111 Julie Vierra A LEXINGTON INS CO INSURED COMPANY City of Fort Collins B COMPANYC P O Box 580 COMPANY Fort Collins, CO 80522 D CbYEf2AGE5' �,�q��y � .. ����� ���� y✓�,�:..��ti,�, ��,,,.,., ,.au�m/✓ 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. co LTR TYPE OF INSURANCE POLICY NUMBER POLICY EFFECTIVE DATE (MM/DD/YY) POLICY EXPIRATION DATE (MM/DD/YY) COVERED PROPERTY LIMITS A X I PROPERTY 8757988 05/01/09 05/01/10 BUILDING $ $ CAUSES OF LOSS PERSONAL PROPERTY $ BASIC BUSINESS INCOME $ BROAD EXTRA EXPENSE $ X SPECIAL BLANKET BUILDING $ EARTHQUAKE BLANKET PERS PROP $ 100, 000, 000 FLOOD X BLANKET BLDG & PP $ 50,000 X Vehicles&Mobile Equip X Policy Ded. $ 100,000 X Vehicle Ded. INLAND MARINE $ $ TYPE OF POLICY $ CAUSES OF LOSS $ NAMED PERILS OTHER CRIME $ TYPE OF POLICY $ BOILER & MACHINERY $ $ OTHER $ $ $ LOCATION OF PREMISES/DESCRIPTION OF PROPERTY Quote # 95950 - 76 YDRE Golf Cars for use at Collindale Golf Course,11441 E Horsetooth Road, Ft. Collins, CO 80525 SPECIAL CONDITIONS/OTHER COVERAGES Certificate holder is named as Loss Payee as their interest may appear for the property listed above. CERTIFICATENiOL'DSR� '�' : CANGELIATtC1fJ �N y_ SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE Yamaha Motor Corporation, USA EXPIRATION DATE THEREOF, THE ISSUING COMPANY WILL ENDEAVOR TO MAIL 30 'DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, Commercial Customer Finance BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABILITY 6555 Ratella Ave OF ANY KIND UPON THE COMPANY, ITS AGENTS OR REPRESENTATIVES. AUTHORIZED REPRESENTATIVE Cypress CA 90630 AC012DH211t95i ra ;'al USA (..., P �, 0����ga C�ACORQ CORPORATION,1995 ..... 15314212 J