Res 1995-083 - Laserfiche WebLink

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! 13/(( EXHIBIT E TO DELIVERY ORDER NO. One, DATED AS OF April 19, 1995 LEASE-PURCHASE AGREEMENT No. 1000040433, DATED AS OF April 19, 1995 INSURANCE COVERAGE DISCLOSURE Banc One Leasing Corporation - Municipal Leasing Division, Lessor City of San Marcos, Lessee .n RE: INSURANCE COVERAGE REQUIREMENTS 1. In accordance with the LeaselPurchase Agreement, Lessee certifies that it has instructed the insurance agent named below (please fill in name, address, and telephone number): Texas Municipal L~aque I R P 211 E. 7th St., Suite 300 Austin, TX 78701 (800) 537-6655 (check to indicate coverage) X a. All Risk Physical Damage Insurance on the leased Property evidenced by a Certificate of Insurance and Long Form Loss Payable Clause m!ming Bane One Leasing Corporation - Municipal Leasing Division and/or its assigns as Loss Payee. Coverage Required: Termination Value Specified. < X b. Public Liability Insurance evidenced by a Certificate of Insurance naming Banc One Leasing Corporation - Municipal Leasing Division and/or its assigns as an Additional Insured. Minimum Coverage Required: $500,000.00 per person $1,000,000.00 aggregate bodily injury liability $500,000.00 property damage liability. Proof of insurance coverage will be provided to Bane One Leasing Corporation - Municipal Leasing Division, 1401 17th Street, Suite 900, Denver, Colorado, 80202, prior to the time that the property is delivered to Lessee. OR 2. Pursuant to the LeaselPurchase Agreement, Lessee represents and warrants, in addition to other matters under the Agreement, that it is lawfully self-insured for: (check to indicate coverage) , - a. All risk, physical damage in the amount specified in lea) above. - b. Public liability for not less than the amounts specified in l(b) above. Lessee has attached a copy of the statute authorizing this form of insurance. By: I~-----/ ~.M Date: April 28. 1995 Larr D. ~illey, ~y Manager