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HomeMy WebLinkAboutCORRESPONDENCE - BID - 7101 GOLF CARTS - 2010 PHASE 2 (8)YAMAHA 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: FAX: Acril 05, 2010 Please Reference our Quote# 95950 RE: COLLINDALE GOLF COURSE (Customer) Account # Gentlemen: The Customer has leased or will be leasing equipment from Yamaha. The Customer is required to provide Yamaha with the following insurance coverage: "All 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 shall 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: 1"1 E. HORSETOOTH ROAD FORT COLLINS, CO 80525 Very Truly Yours, CITY OF FORT COLLINS (Name of Debtor/Lessee) By: (Signature of Authorized Officer) Title: