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R97-89 AUTHORIZING A LEASE AGREEMENT
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R97-89 AUTHORIZING A LEASE AGREEMENT
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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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' 'the type of insurance, the coverages afforded thereunder; the insurance policy numbers; the limits <br /> of liability of such policies and the date of expiration of such policies. Further, the insurance <br /> companies shall certify that said policies shall not be modified, canceled or terminated until after <br /> no less than thirty (30) days written notice to the Lessor. The Certificate shall specifically state <br /> that (1) the insurance certified therein contains contractual liability coverage for the indemnity <br /> agreement contained in this Agreement, subject to the terms, conditions and exclusions of the <br /> policy, and (2) the Lessor is named as an additional insured on the comprehensive general <br /> liability and property damage insurance described above. The name and address of the Certificate <br /> holder shall be stated as follows: City of Decatur, a municipal corporation, #1 Gary K. Anderson <br /> Plaza, Decatur, Illinois 62523. The Lessor reserves the right at anytime to require a copy of the <br /> entire policy or policies. Failure to provide satisfactory Certificates showing the required <br /> insurance or to keep the same in full force and effect shall be cause for the Lessor to terminate <br /> any rights of Lessee under this Lease by verbal notice alone to Lessee or its agent. <br /> 13. Lessee shall be responsible for all maintenance of the Premises during the term of <br /> this Lease, and the Lessor shall have no duty of repair or upkeep. <br /> 14. Except as otherwise provided, all notices authorized or required under this Lease <br /> shall be in writing and shall be considered given only when delivered in person or when sent, <br /> postage prepaid, by registered or certified mail, return receipt requested, to Lessor or to Lessee at <br /> their respective addresses as set forth below (or at such other address as may hereafter be ' <br /> designated in writing), and deposited in a mailbox or post office box under the control of the li <br /> United States Post Office Department to: <br />
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