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R90-94 AUTHORIZING AGREEMENT FOR MANAGEMENT OF DECATUR PUBLIC TRANSIT SYSTEM
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R90-94 AUTHORIZING AGREEMENT FOR MANAGEMENT OF DECATUR PUBLIC TRANSIT SYSTEM
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8/4/2016 8:53:16 AM
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Resolution/Ordinance
Res Ord Num
R90-94
Res Ord Title
AUTHORIZING AGREEMENT FOR MANAGEMENT OF DECATUR PUBLIC TRANSIT SYSTEM
Approved Date
7/2/1990
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obligations to defend and protect ATE and TMD as a <br /> third-party insurer would have under standard policies of <br /> automobile and general liability insurance. <br /> 15. If requested by the City, TMD shall furnish fire <br /> and extended damage coverage in the amount of the full <br /> insurable value of each transit coach in the transit system <br /> with a deductible clause not to exceed $5,000.00 . <br /> 16 . In addition to the above specified forms of <br /> insurance coverage to be in effect during the term of this <br /> Agreement, TMD shall obtain any other insurance coverage <br /> which is customarily maintained by the transit industry with <br /> t ansit o erations. <br /> respect to similar r p <br /> ance olicies shall b their terms or b I <br /> 17 . All insur p y Y <br /> specific endorsement designate the City, ATE and TMD as <br /> co-insureds. City shall reimburse TMD for the premium or <br /> other expense to Operator arising from the furnishing by TNID <br /> of the bonds and contracts of insurance required by this <br /> Agreement. The City hereby releases and agrees to hold ATE <br /> and TMD and their employees harmless from and against any <br /> and all liability for loss of or damage to the vehicles or <br /> other properties of the City and the City hereby waives on <br /> behalf of itself and its insurer any and all rights of <br /> subrogation against ATE or TMD or their employees. <br /> 9 <br />
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