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O-2019-3743 Authorization to enter an agreement with Fairmont Park West HOA
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O-2019-3743 Authorization to enter an agreement with Fairmont Park West HOA
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7/5/2019 3:28:32 PM
Creation date
5/15/2019 2:17:54 PM
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Legislative Records
Legislative Type
Ordinance
Legislative No.
O-2019-3743
Date
5/10/2019
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by LESSOR. LESSEE shall provide necessary permanent sanitary facilities, telephone, and other <br />services that may be required to protect the health, welfare and safety of LESSEE'S patrons. <br />LESSEE agrees to obtain and maintain at its sole cost and expense, public liability insurance <br />and property damage insurance on the leased premises to protect LESSOR and LESSEE against all <br />loss or damage from the claims of all persons who may be in or on these premises by the invitation, <br />consent or sufferance of LESSEE. Such public liability insurance shall have limits of liability of a <br />minimum of Two Million Dollars ($2,000,000) for each occurrence and Two Million Dollars ($2,000,000) <br />for sudden events and Four Million Dollars ($4,000,000) in aggregate, with respect to any accident <br />occurring on the leased premises, and shall name the City of La Porte, Texas as additional named <br />insured. LESSEE shall furnish LESSOR certificates of all insurance coverage. <br />XII. <br />LESSEE shall use due care and diligence in all activities and operations on the leased premises, <br />and will indemnify and save harmless LESSOR from any liabilities, loss, costs or other expense of any <br />nature. LESSEE shall give LESSOR immediate notice of any matter covered hereby and shall forward <br />to LESSOR every demand, notice, summons or other process received in any claim or legal proceeding <br />covered hereby. <br />XIII. <br />In case of bankruptcy or insolvency on the part of LESSEE, or in case of any receiver being <br />appointed to take charge of the property, or any portion of the property of LESSEE, in or upon the <br />premises hereby leased, then and in such event the LESSOR may, at its option, declare this lease to <br />be terminated or forfeited by the LESSEE; and LESSOR shall be entitled in such event to the immediate <br />
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