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R97-89 AUTHORIZING A LEASE AGREEMENT
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R97-89 AUTHORIZING A LEASE AGREEMENT
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Last modified
4/18/2016 11:14:28 AM
Creation date
4/18/2016 11:14:27 AM
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Resolution/Ordinance
Res Ord Num
R97-89
Res Ord Title
AUTHORIZING A LEASE AGREEMENT WITH VULCAN MATERIALS COMPANY
Approved Date
6/30/1997
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, ' , �out of Lessee's use of the Premises, and from all costs, demands, suits, losses, attorney's fees and <br /> liabilities incurred in or about any such claim for bodily injury, death or property damage or any <br /> action or proceeding brought thereon. <br /> 1 l. Lessee shall obtain at its own expense, and keep in force during the term of this <br /> Lease, comprehensive general liability and property damage insurance in an amount of not less <br /> that $1,000,000 single limit for bodily injury, death and property damage to any one person and <br /> subject to the same limitations for any one occurrence and $2,000,000 for general aggregate <br /> coverage annually. The comprehensive general liability policy shall include coverages for <br /> premises and operations, products and completed operations, a blanket contractual liability <br /> coverage which includes the indemnification agreement contained in the next preceding <br /> paragraph, broad form property damage and hazards of explosion, collapse and underground, <br /> independent contractors and personal injury liability coverage. The policy issued for the <br /> aforedescribed coverages shall name the Lessor as an additional insured. Such insurance shall <br /> not be canceled prior to termination of this Agreement. <br /> 12. Prior to the commencement of the terms of the Lease, Lessee shall file with the <br /> Lessor, and at all times thereafter during the Term of this Lease keep in full force and effect, a <br /> Certificate of Insurance, in a form acceptable to the Lessor, signed by an authorized agent of the <br /> insurance company or companies writing the insurance described in said Certificate showing ' <br /> complete coverage of all insurance required in this Lease; provided, however, Lessee may self <br /> insure to the extent it deems necessary to satisfy the requirements hereunder, as approved by the <br /> Risk Manager of the City. Such Certificate shall certify to the following: Name and address of <br /> party insured; name and address of authorized agent executing such Certificate; the description of , <br />
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