Res 2002-072 - Laserfiche WebLink

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insurance with insurance companies authorized to do business in the State of Texas, covering all operations under this Agreement, whether performed by Subrecipient or Subrecipient's agents, subcontractor or employees. Before commencing any services under this Agreement, Subrecipient will furnish to the City a certificate or certificates in form satisfactory to the City, showing that Subrecipient has complied with this paragraph. All certificates will provide that the policy will not be changed or canceled until at least 30 days written notice will have been given to the City. (1) Commercial general liability insurance with a combined single limit of $300,000 for each occurrence and $300,000 in the aggregate, (2) Motor Vehicle liability insurance in an amount not less than $300,000 for injuries to anyone person, $300,000 on account of anyone accident and in an amount of not less than $250,000 for property damage. The stated limits of insurance required by this Paragraph are minimum onlv--they do not limit the Subrecipient's indemnity obligation, and it will be the Subrecipient'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's acceptance of Certificates of Insurance that do not comply with these requirements in any respect does not release the Subrecipient from compliance with these requirements. 5.6 Conflict of Interest. The Subrecipient affirms that it has not made or agreed to make any valuable gift whether in the form of service, loan, thing or promise to any person or any of his/her immediate family, having the duty to recommend, the right to vote upon, or any other direct influence on the selection of Subrecipients for receipt of CDBG grant funds within the two years preceding the execution of this Agreement. A campaign contribution, as defined by the Election Code or the City of San Marcos Code of Ordinances will not be considered as a valuable gift for the purposes of this Agreement. 5.7 Construction. The captions and headings contained in this Agreement are solely for convenient reference and will not be deemed to affect the meaning or interpretation of any provision or paragraph hereof. All references in this Agreement to any particular gender are for convenience only and will be construed and interpreted to be of the appropriate gender. For the purposes of this Agreement the term "will" is mandatory. Should any provision in this Agreement be found or deemed to be invalid, this Agreement will be construed as not containing such provision, and all other provisions which are otherwise lawful will remain in full force and effect, and to this end the provisions of this Agreement are declared to be severable. 5.8 Conflict with Applicable Law. Nothing in this Agreement shall be construed so as to require the commission of any act contrary to law, ordinance or administrative executive or judicial regulation, order or decree, or amendment thereof, contrary to which the parties have not legal right to contract, the latter shall prevail, but in such event the affected provision or provisions of this Agreement shall be modified only to the extent necessary to bring them within the legal requirements and only during the time such conflict exists. 5