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ICRMA 2017 - California Infrastructure and Economic Development BankIndependent Cities Risk Management Authority 1750 Creekside Oaks Drive, Suite 200, Sacramento, CA 95833 916-244-1100 Liability Certificate of Coverage Additional Covered Party Certificate Number: 30468544 Certificate Holder: California Infrastructure and Economic Development Bank Attn: Christina Backlund 1325 J Street, Suite 1823 Sacramento, CA 95814 Covered Party: City of El Segundo Description of As respect Lease agreement No. CIEDB B04-062 dated August 1, 2005, between CIEDB as lessor, and Covered Activity: the City of El Segundo as lessee, for the Douglas Street Gap Closure Project, Certificate Holder is included as an Additional Covered Party with regard to any negligent acts or omissions of the Member, its employees, and its elected or appointed officials. Memorandum of Coverage Number: ICRMA GL 2016 Effective Date: 7/1/2016 Expiration Date: 7/1/2017 Limits: $1,000,000 (per occurrence) Self -Insured Retention: $750,000 The Following General and automobile liability as defined in the memorandum of coverage on file with the covered party Coverage Is In named above. effect: Pursuant to the definition of Covered Party in the Liability Memorandum of Coverage, the certificate holder named above is an additional covered party for covered claims arising out of the covered activity stated above and is subject to the limits stated above. This is to certify that the coverage listed above 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 as described herein is subject to all the terms, exclusions, and conditions of the Liability Memorandum of Coverage of the ICRMA, which is available for your review upon request. Coverage is in effect from 12:01 a.m. Pacific Standard Time of effective date to 12:01 a.m. Pacific Standard Time of expiration date as stated above and will not be canceled, limited, or allowed to expire except upon 30-day notice to the certificate holder. Date Issued: 6/17/2016 Renewal: Yes CARMA Certificate Issued: No Authorized Representative Signature: 30468544 I ICRMA 1 16/17 GL $1MM LIMITS I Angela Jean 1 6/17/2016 7:02:39 PM (PDT) I Page 1 of 1 This certificate cancels and supersedes ALL previously issued certificates.