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Res 1986-050
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Res 1986-050
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8/27/2007 11:59:34 AM
Creation date
8/27/2007 11:59:34 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1986-50
Date
4/28/1986
Volume Book
78
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<br /> -5- <br /> be filed with the Lessor prior to Lessee's entry upon the leased <br /> premises and are subject to Lessor's prior approval. Insurance <br /> carrlers insuring Lessee in accordance with this Agreement which <br /> are not rated by the most recent edition of Best's Key Rating <br /> Guid.e, property-Casualty, published by A.M. Best Company and <br /> insurance carriers having a rating lower than A XIII as shown in <br /> the most recent editlon of said book, will not be approved by <br /> Lessor unless a guaranty bond acceptable to Lessor from a carrier <br /> rated A XIII or higher guaranteeing payment of any and all claims <br /> of Lessee is furnished to Lessor. <br /> c. All insurance coverage required herein shall be written with <br /> the City of San Marcos, Texas, as co-insured. The stated. limits <br /> of insurance required herein are MINIMUM ONLY, and it shall be the <br /> Lessee's responsibility to determine what limits are adequate. <br /> These minimum limits may be basic policy limits or any combination <br /> of basic limits and. umbrella limits. In any event, the Lessee is <br /> fully responsible for all losses arising out of, resulting from or <br /> connected with operations und.er this Agreement whether or not said <br /> losses are covered. by insurance. The Lessor's acceptance of <br /> Certificates of Insurance that in any respect do not comply with <br /> the Agreement requirements does not release the Lessee from <br /> compliance herewith. <br /> THIS AGREEMENT EXECUTED IN DUPLICATE ORIGINALS this the 19 <br /> day of ~1av , 1986 . <br /> LESSOR: <br /> CITY OF SAN MARCOS, TEXAS <br /> ~ <br /> By: ------/ <br /> Attest: <br /> >f am;):j( ør~/' <br /> Janis K. Womack <br /> City Secretary <br /> LESSEE: <br /> GTE MOBILNET OF AUSTIN LIMITED <br /> PARTNERSHIP <br /> By: GTE MOBILNET OF AUSTIN, INCORPORATED <br /> General Partner <br /> By: ~ L \L~ <br /> J .\ Harpham, p~s:i:Gnmt. <br /> By: 7Þ~ <br /> T.D. Lindgr n, Assistant Secretary <br />
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