1997-10-20 Special Called Regular and Workshop Meeting of City Council

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. e COMPREHENSIVE PUBLIC LIABILITY AND COMPREHENSIVE PROPERTY DAMAGE Bodily Injury One Hundred Thousand Dollars ($100,000) each person One Million Dollars ($1,000,000) each accident Five Hundred Thousand Dollars ($500,000) each accident Or alternatively a single limit legal liability policy (public liability and property damage) of not l~ss than One Million Dollars ($1,000,000) which may include a limit of One Hundred Thousand Dollars ($100,000) each person. Property Damage 3. A certified <;:opy of each policy evidencing the existence thereof shall be delivered to the Lessor within ten (10) days after the execution of this Agreement and Lease. Each such copy shall contain a valid provision or endorsement that the policy m~y not be cancelled, terminated, changed or modified without giving ten (10) days written advance notice thereof to the Lessor. Each such policy shall not, without obtaining express advance permission from the Lessor, raise any defense involving, in any way the immunity of the City o~ La Porte, its member~, officer, agents, or employees, the governmental nature of the Lessor, or the provisions of any statutes respecting suits against the city. 4. The Lessee shall furnish to the city satisfactory evidence that it carries Workmen's Compensation Insurance in accordance with the laws of the State of Texas. 5. In the event that any repairs, alterations, additions, or improvements are made, in, on or to the Leased Premises (excluding the Tie-Down areas) by reason of the use and occupancy of the Leased Premises by the Lessee, then the Lessee covenants and agrees to make such repairs, alterations, additions, or improvements in, on or to the Leased Premises at its own expense. The Lessee covenants and agrees to indemnify and save harmless Lessor from and against all expenses, liens, claims, or damages to either persons or property which mayor might arise by reason of any repairs, alterations, additions, or improvements made by the Lessee in, on or to the Leased Premises. ARTICLE VIII - TERMINATION BY LESSEE 1. In addition to all other remedies available to the Lessee, this Agreement and Lease shall be subject to cancellation by the Lessee should anyone or more of the following events occur: A. The permanent abandonment of the Airport. B. The issuance by any court of competent jurisdiction of any injunction preventing or restraining the use of the 12