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Insurance binderCITY OF NORTHAMPTON Mayor David J. Narkewicz City Hall 210 Main Street Room 12 Northampton, MA 01060-3199 (413) 587-1249 Fax: (413) 587-1275 mayor@northamptonma.gov April 1, 2013 Northampton Youth and Community Rowing, Inc. PO Box 1553 Northampton, MA 01061 Dear NCR Board of Directors, It is my understanding that NCR is considering accepting a 99-year lease from the Lane Construction Company for the Boathouse Lease Area at the Connecticut River Greenway. The question is whether the City is willing to name NCR as an “other insured” on the City’s liability insurance policy. I am willing to commit to include NCR as an “other insured” on our liability insurance coverage, at NCR’s expense, to cover NCR as a result of any work or programming you do at the Connecticut River Greenway from when the City takes title to the underlying fee title to the land until the point that NCR completes and obtains certificate of occupancy on a boathouse capable of housing high school and other rowing shells. At that point, given the boathouse that will be owned by NCR and the amount of related programming that NCR will do, we think it is reasonable for NCR to carry its own liability insurance on your programming and activities. I am so pleased with this City-NCR partnership. It is a pleasure to be able to offer a rent-free home for NCR for the next 99 years. For phase one of the project that we will build this year, I am proud of the $590,000 we are able to bring to the table in grants and CPA funds, the $100,000 Peter Kocot provided, and the $117,000 that NCR will be providing. That doesn’t get us a boathouse, but it gets us a great riverfront park that we can grow from there. Sincerely, David J. Narkewicz, Mayor