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Res 1992-015
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Res 1992-015
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Last modified
7/9/2007 11:15:02 AM
Creation date
7/9/2007 11:15:02 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1992-15
Date
2/10/1992
Volume Book
106
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<br /> ARTICLE 9 <br /> IUSCRT.T .AJŒOUS PROVISIONS <br /> <br /> 9.1 This Agreement shall be governed by the law of the State of <br /> Texas. <br /> 9.2 As between the parties to this Agreement, as to all acts or <br /> failures to act by either party to this Agreement, any applicable <br /> statute of limitations shall commence to run and any alleged cause of <br /> action shall be deemed to have accrued in any and all events when the <br /> party commencing said cause of action knew or should have known of the <br /> existence of the subject acts(s) or failure(s) to act. <br /> 9.3 The CONSULTANT hereby agrees to indemnify, defend, and hold <br /> harmless the CITY, its officers, agents and employees from and against <br /> any injuries or property damage caused by American Appraisal <br /> Associates, Inc. during the course of this engagement. <br /> 9.4 The CONSULTANT agrees to procure and maintain at CONSULTANT's <br /> expense insurance in the kinds and amounts hereinafter provided with <br /> insurance companies authorized to do bus ines s in the State of Texas. <br /> Within ten (10) days following the execution of this Agreement the <br /> CONSULTANT shall furnish an insurance certificate showing that <br /> CONSULTANT has complied with this paragraph. The certificate shall <br /> provide that the policy shall not be changed or cancelled until at <br /> least thirty (30) days' written notice shall have been given to the <br /> CITY. Kinds and amounts of insurance required are as follows: <br /> Worker's Compensation Insurance: In accordance with the <br /> provisions of the Worker's Compensation Act of the State of Texas. <br /> Liability Insurance: General liability insurance in an <br /> amount not less than $500,000.00 for bodily in j ury and not less than <br /> $100,000.00 for property damage; and Motor Vehicle liability insurance <br /> in an amount not less than $500,000.00 for bodily injury and in an <br /> amount of not less than $100,000 for property damage. <br /> 9.5 The CONSULTANT hereby affirms that CONSULTANT and <br /> CONSULTANT's firm have not made or agreed to make any valuable gift <br /> whether in the form of service, loan, thing or promise to any person or <br /> any of his/her immediate family, having the duty to recommend, the <br />
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