Res 2015-013/Amendment to and renewal for an additional five years of an Agreement for Airport Management Services with Texas Aviation Partners, L.L.C.;

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parties further agree that any and all indemnity provided for herein is subject to and shall not exceed the monetary limitations of damages as set forth in the Texas Tort Claims Act. 9.0.4 The Operator will procure and maintain at Operator's expense insurance with insurance companies authorized to do business in the State of Texas, covering all operations under this Agreement, whether performed by Operator or Operator's agents, subcontractors or employees. Before commencing the work and for the duration of this Agreement, the Operator will furnish to the City a certificate or certificates in form satisfactory to the City, showing that Operator has complied with this paragraph. All certificates will provide that the policy will not be changed or canceled until at least thirty (30) calendar days written notice has been given to the City. Commercial general liability, airport premise, hangar keepers liability, non -owned aircraft and motor vehicle insurance will be written with the City of San Marcos, Texas as an additional insured and will be endorsed to provide a waiver of the carrier's right of subrogation against the City. The kinds and amounts of insurance required are as follows: a. Workers' Compensation Insurance: In accordance with the provisions of the Workers' Compensation Act of the State of Texas. b. Employer's liability insurance: with a limit of at least $500,000; c. Commercial general liability insurance: including contractual liability, completed operations and independent operator's liability, with a combined single limit of at least $1,000,000 for each occurrence; d. Motor vehicle liability insurance: including owned, hired, leased and non- owned vehicles, with a combined single limit of at least $1,000,000 per occurrence. e. Errors and omissions: $1,000,000 per occurrence. f. Airport Premises: $1,000,000 for each occurrence; including damage from fire. g. Hanger Keepers' Liability: $1,000,000 per occurrence. Limit per aircraft $1,000,000 h. Non -Owned Aircraft coverage: $1,000,000 per occurrence i. Employee Dishonesty Insurance: $300,000 limit. The policy must be endorsed to list the City as sole loss payee. 9.0.5 The stated limits of insurance required by this Paragraph are minimums only — they do not limit the Operator's indemnity obligation, and it will be the Operator's responsibility to determine what limits are adequate. These limits may be basic policy limits or any combination of basic limits and umbrella limits. The City may review the insurance coverages and limits annually and make adjustments thereto as determined by the City. The City's acceptance of Certificates of Insurance that do not comply with these requirements in any respect does not release the Operator from compliance with these requirements.