R2008-48 ACCEPTING THE BID - Laserfiche WebLink

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t , ' 'I'��AN� ��?�?III'�'�QN� NOW THEREFORE, in consideration of the mutual covenants,warrants and agreements contained herein,together with other good and valuable consideration,in hand paid,the receipt and sufficiency of which are hereby acknowledged, the parties hereto do hereby agree as follows: 1. Recitals. Prairieland and the City hereby covenant, warrant and agree that the foregoing Recitals are not mere recitals, but rather constitute a material and integral part of this Agreement, and each covenants further that those recitals applicable to each are true and accurate. 2. Prairieland Premises. Throughout the term of this Agreement, Prairieland shall provide an automobile and vehicle stora�e lot within the cor�aoXa�e una�� 9�t�� ty��p�bl� of storing Two Hundred Fifty (250) vehicles in an orderly and safe manner, as may be reasonably approved by the Chief of the Decatur Po!ice Department. Said storage facilities sha?1 �::clude reasonable security measures, including fencing, lighting and on-duty security personnel to secure and safeguard all automobiles and vehicles which are the subject of this Agreement on a twenty-four (24)hour, seven (7) days per week basis. On the Prairieland premises, Prairieland also shall provide an enclosed, self-contained temporary evidence stall space,capable of being entirely darkened on request by the Decatur Police Department. On such evidence bay,Prairieland shall provide an alarm system reasonably acceptable to the City for purposes of maintaining evidence integrity. At the time of entry into this Agreement, Prairieland has in place an acceptable alarm system as well as acceptable fencing, storage lot and evidence storage bay. Prairieland will not make any changes or alterations to the aforementioned evidence bay or alarm system, and Prairieland will not decrease the quantity or quality of the remaining characteristics described within this section, without approval and acceptance by the City. 3. Insurance and Bond Requirements. (a) Prairieland has provided or shall provide to the City a performance bond issued by a reputable issuer in an amount not less than Five � Thousand Dollars($5,000.00),which shall remain in full force and effect throughout the term of this Agr�ement. Prairieland may comply v�ith tlus obligation by submitting to the City a letter af cred�t or cash equivalent in a manner deemed reasonably acceptable to the City. (b) Prairieland shall obtain and maintain, throughout the term hereof, policies of insurance,with each described policy including the City as an additional insured and written on an occurrence basis as follows: (i) a general liability insurance policy with a single combined limit, including bodily injury and property damage, in an amount not less than One Million Dollars ($1,000,000.00) for each occurrence, Two Million Dollars ($2,000,000.00) aggregate; (ii) an automobile liability insurance policy for any automobile with a combined single limit, including bodily injury and property damage,in an amount not less than One Million Dollars($1,000,000.00) � -2-