Res 1977-049 - Laserfiche WebLink

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153c VII. I Chamber covenants and agrees to indemnify and save City harm- less from all damages, claims and demands of any person(s) by reason of the operation and conduct of the Chamber's office on the leased premises, or any improvements placed thereon not the result of City's negligence or breach of this lease or for any condition existing on the leased premises under control of Chamber and in any suit or action for damages arising from the negligence of Chamber in this respect, in which action City is included or made a defen- dant, and Chamber agrees to assume all of the burden, cost and ex- pense of the defense or settlement of suit or causes of action, in- cluding attorney's fees in the defense or settlement of such action or claim, and will well and truly pay any judgement which may be obtained against City, as provided in this paragraph. Chamber further covenants and agrees that it will at all times during the term of this lease, or any extension thereof, at its own expense, maintain and keep in force liability irisurance insuring City and Chamber jointly, as their respective interest may appear, in the amount of $100,000 for injury to anyone person, $300,000 for injury to persons per occurrence, and $100,000 for property damage, against loss, liability or damage which may result to the City and/or Chamber, or either of them, from accident or casualty whereby any person or persons whomsoever may be injured or killed or sustain pr'operty damage on the leased premises or improvements thereon. Chamber shall furnish City evidence of a certificate of such in- surance annually at the time of rental payment. The limits of coverage shall be changed to provide full coverage for the City should the Texas Tort Claims Act be amended in the future. VIII . Chamber agrees to devote the leased premises only to uses allowed in the applicable provisions of the Urban Renewal Plan, or approved modifications thereof, for the TEX. A-6" Neighborhood Development Program. I IX. Chamber shall keep the improvements now existing or hereafi:er erected on the property insured, during the life of this lease, under the National Flood Insurance Program in an amount at least equal to the redevelopment cost of the property (less estimated land cost) or to the maximum limit of coverage made available with respect to the ~articular type of property under the National Flood Insurance Act of 1968, whichever is less. Chamber shall fur- niSh to City evidence of a certificate of such insurance annually at the time of rental payment. X. Chamber shall keep all improvements; fixtures, merchandise and equipment insured against loss or damage by fire with the usual extended coverage endorsements. Chamber assumes all risk of damage to Chamber's own property arising from any course whatsoever, and including without limitation, loss by theft or otherwise. XI. I Chamber shall commence promptly the construction of the improvements shown on the building plans attached to this leaSE: as a part hereof on the leased premises. Chamber shall prosecute diligently the construction of said improvements to completion, provided, that in any event, construction shall commence within six months from the date of this lease. XII. Chamber agrees not to discriminate upon the basis of race, sex, or national origin in the use or occupancy of the property hereby demised for use as the Chamber's office.