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• Marsh /Cramer & Giles <br /> d. The different insurance programs are not an issue. No risk transfer or retention costs would <br /> be shared. <br /> e. This seems to address both entities' area of expertise, parks to the City and fields to the <br /> District. <br /> f. While the District has the greater exposure to risk in size and number of fields, this is offset <br /> by the City's exposure to the type and uncontrollable nature of the skate parks. <br /> g. The loss of use issue for the fields would fall on 4j. This is more of a severity concern than <br /> frequency. Covered by insurance. <br /> h. We have reviewed the pros and cons of this as it relates to each entity and believe this is a <br /> good option for both parties. <br /> Next Steps <br /> a. Review current agreement and modify or add to <br /> b. Focus on details within the agreement, process, communication, legal, etc. <br /> c. Write formal changes <br /> d. Approval within each entity <br /> e. Obtain legal approval <br /> f. Secure indemnification and insurance documentation <br /> g. Sign agreement <br />