Res 2000-027 - Laserfiche WebLink

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combined single limit of $500,00 for each occurrence and $500,000 in the aggregate, (2) Motor Vehicle liability insurance in an amount not less than $250,000 for injuries to any one person, $500,000 on account of anyone accident and in an amount of not less than $250,000 for property damage and (3) errors and omissions and fiduciary liability coverage to cover lawful claims arising in connection with this Project in the combined single limit amount of at least $10,000,000.00. The stated limits of insurance required by this Paragraph do not limit P&A's indemnity obligation, and it will be P&A'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 P&A from compliance with these requirements. ARTICLE 10 MISCELLANEOUS PROVISIONS 10.1 This Agreement is governed by the law of the State of Texas. Exclusive venue for any dispute arising under this Agreement is in Hays County, Texas. 10.2 As to all acts or failures to act by either party to this Agreement, any applicable statute of limitations will commence to run and any alleged cause of action will be deemed to have accrued when the party commencing the cause of action knew or should have known of the existence of the subject act(s) or failure(s) to act. 10.3 P&A will not use funds received by it directly or indirectly under the terms of this Agreement for any partisan political activity or to further the election or defeat of any candidate for public office. 10.4 P&A hereby affirms that P&A and P&A's firm have 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 consultants to provide professional services to the City within the two years preceding the execution of this Agreement. A campaign contribution, as defined by the Texas Election Code or the San Marcos City Code will not be considered as a valuable gift for the purposes of this Agreement. 10.5 P&A will adhere to the Code of Professional and Ethical Standards as described by the Association for Investment Management and Research (AIMR). 10.6 In performing the services required under this Agreement, P&A will not discriminate against any person on the basis of race, color, religion, sex, national origin, age or disability. 10.7 All references in this Agreement to any particular gender are for convenience only 10