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Lessor: <br />Caterpillar Financial Services Corporation <br />2120 West End Avenue <br />Nashville. TN 37203 -0001 <br />Lessee: <br />City of San Marcos <br />630 E HOPKINS <br />SAN MARCOS, TX 78666 <br />Subject: Insurance Coverage Requirements <br />VERIFICATION OF INSURANCE <br />1. The above -named Lessor and Lessee have entered into Governmental Fquipment Lease- Purchase Agreement Transaction Number <br />1740196 (the "Agreement'). In accordance with the Agreement, Lessee has instructed the insurance agent named below: <br />Compan <br />Address: <br />Phone No: <br />Agent's Name: <br />to issue: <br />a. All Risk Physical Damage Insurance on the Equipment (as defined in the Agreement) evidenced by a Certificate of Insurance and <br />Long Form Loss Payable Clause naming the Lessor and /or its Assignee. as loss payee. <br />The Coverage Required: the aggregate purchase price for the Equipment. <br />b. Public Liability Insurance evidenced by a Certificate of Insurance, naming the Lessor and /or its Assignee as Additional Insured. <br />with a minimum of SI.000.000 per occurrence is required. <br />2. Proof of insurance coverage will be provided to Lessor or its Assignee prior to the time the Equipment is delivered to Lessee. <br />Lessee: <br />City of San Marcos <br />� J9� <br />Si d � <br />By: Laurie Moyer <br />Print Name <br />Title: Interim City Manager <br />Date: / / lall 0 <br />1xx�f t, p <br />��} <br />111MM U 1IIIi <br />