HomeMy WebLinkAboutC2007-128 - 3/16/2007 - NAatiS1GNMENT AND RATIFICATION OF
USE PRIVILEGE A(~REEMENT
~i~his Assignment and Ratitic~~tion of Use Privilege Agreement ("Ratification") by
and~ betw~en Minvesco. LP, a~I~exas limited partnership ('`Assignor"), and High & Dry~
Sto~a~e~ Inc,. a~l~exas ~•orporat~on ('~Assignee") (collectively "Users"), and the City of
~'t~rpus ~~~t~, ~l~exas a Tex s home rule municipality ("City") is entered into effective
as o~this -H~a~ c~f ~~~j~~~ . 20U7 (the "F:ffective Date").
WICNESSEIH:
WHEREA~. Assignor and Citv entered into that certain Use Privilege Agreement
datesd etfective December 12, 20O3, (the "Agreement"); and
WHERF~_A~. Assignor des-res to transfer and assign said Use Privilege Agreement
tu Assi~;~ee and .Assignee and Cit~ desire to have Assignee ratify and assume all
obl~ations and duties u-ider the ~~ ise Privilege agreement.
NOW. ~I~HEREF(JRE. in ~ons~deration uf the foregoing, the mutual covenants and
a~reaenlents contained ir~ this Ratification and ~~ther good and valuable consideration, the
recqpt and sutticiency ~~f which are hereby acknowledged, the parties agree as follows:
. Assi~nment and Assumption of Use Privile~ Agreement. In
consideration r>t~ the Assignee's agreement to assume Assignor's benefits and
responsibilities under the L-se Privilege Agreement, Assignor hereby assigns, conveys,
and sets over to assignee alf of~ its right, title, and interest in and to the Use Privilege
A~;r+eement. Assignee a,sumes all of~ the obligations of Assignor under the Use Privilege
Agr+Eement, whether no~~° in exis~tence ar arisin~. hereafter.
~.'. Ratitication ot~ Actions. All actions heretofore undertaken and performed
~~n beha[f of either ot~ the Users. ~~r b«th of them, under the Use Privilege Agreement are
her~~~ ratified. approve~l and contirn~ed.
. Ratificatiun of A~xeement 7'he Use Privilege Agreement is hereby
ra~i~ied, approved and ccanfirmed bv ,assignee.
~. Consent. Citv cd~nsents to Assignor's assignment of the Use Privilege
A~t~eement t~~ Assignee
_~ Detiniti~ns. C`ap~talized terms not defined in this Ratification shall have
the meaning given Co them in the Agreement.
(?. Headin~s, I'he headings of paragraphs of this Ratification are for
conveniertce of~ reference only, di~ nc,t constitute a part of this Ratification and shall not
be ~emed to limit or alter any u;~ the provisions of this Ratification.
?t)117-12~i
[)3!16/0"?
1~lin~~~esco, et al
~ ~, c~unterparts. i~h~~ part~es ma~~ ~;xec:ute this Ratification in counterparts,
e~ch ~~+t~ which ~hall ~u~~stitute ar~ ori~inal and all c~f which, when taken together, shall
Lonstitute c~ne and the same instrument. A Ratification containing facsimile signatures of~
thr parties to this Ratification sh~ll be aeemed dn original of the Ratitication.
lN ~VII~NESS WHERE-~>F. the parties have executed and delivered this
Ratification as of the Et#ecti~e Oate
"Assi~,nor"'
Minvesco. a Texas limited partnership
By Pirnanco. L.L.C., general partner
Bv: .
Name: u~ A~/r 1'L L
Title:_,~'fF~,FIF~'
"Assi~;nee'~
High & Dry Storage, a Texas corporation
gy:-- ~(o_~ a..
Name. Robert Bryan Johns
I~itle: President
..~,~ty.
City uf Corpus Christi, Texas, a Texas home
~ rule municipality
f
Ly• _
Na e: ,eorge K. Noe
Title: City Manager
A"1°TF S 1 :
~~
~~ 1
/
Armando C'hapa, City Sec e ary
Approved as to form: ~,~ ~ c~ ~
Mar_y Kay Fischer, City Attorney
,~i rr
Gary . Smith, Assistant City Attorney
,
,~. ....~~ _,, .,~ . ....,...a. ...., . _ . . .~ ... _ ~ _. _s. .4. _. _. -,. _ ,,,,
~.._.._.._._____ _..__. -------
ACI~RD CERTIFICATE OF LIABILITY INSURANCE OPID DATE(MM/DD/'YVYY)
- HIf3H&-1 02/19/07
PROOUCeft i~ ' THIS CERTIFICATE IS ISSUEO AS A MATTER OF INFORMATIO
Fixsti Texas Ins~zsance ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE
Servxces .~_. HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR
?00 Hiqhlander ste "~ e: ALTER THE COVERAGE AFFORDED BY THE POUCIES BELOW
_ ______ _,_- --
Arlington TX 76tii5
Phone: 817 -2'5-~526 Fax ~3 ;.~ -2 %5-2661 IN5URERS AFFORDING COVERAGE NAIC #
INSUREC~~ °ic,~ ~,wFR ~~ St Paul Tzavelerc Insurance '~~ ~~ ~~
'~E~..4ER E. .
Y .~
15338iS~Pa ~Stols andnDrive ,~„^".~
Corput Christi TX 78418 v KEH~
SJRER E ~I
COVERAGES
THE POL.ICIES OF IN~JRRNCE USTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITFISTANDING
ANY REQUIRENIENT, ~ERM OR CONDITION OF ANY CQNTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR
MAY PERTAIN, THE l~URANCf AFPORDED BY THE POIICIES DESCRIBED MEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH
POUCfES AGGREGR~'E LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.
SRiSOD'LI --~~ ~'OLICY~FEC7IVE '~~~F~OLI~YEXPtRATION~~ ~~~ ~ LIMITS
LTR NSR TYP~OF INSURANCE POI.~Cv NUMBER DATE MMIDDIYY ~~~ DATE MMIDD/YV
.___.___---__ .---__---._..-..._
GENERAI LI/~It.~T- '~, EACH OCCURRENCE '~. $ 1~ OOO ~ OOO
__
! oA~ncE7a~r~reo _ + $ .
A X ~ ~=~>MM~RC+d ~~f-NERA'~ -aF, ~ 0 7~ 1 ~ f ~ 6 0~~ 1 ~~ ~ 7 ' PREMISES (Ea occurence) '
. . - -----. _... . ---- .. _-. ._. . __. ._
.:~ q~M., . ^,c ~:. c- ~ : , . ~. MED EXP (Any one person) ~~ $
. ._ . _--- -...._-
' PERSONA'~ 8 AIJY INdURY ~$ 1~ OOO ~ OOO
. - --~ ---- !
~ GENERAL AGGREGATE ~ S 2~ OOO ~ OOO
~. _ _ ... __. _..
,:.3?EG~ : i. ~~-NIT APF ~~.-5 ~ -'F - ~ PRODUCTS - COMP/OP AGG . $ `1 ~ OOO ~ OOO
. . __ .. ._- .. . _. _.. _-. . .
Nv0-
?uL.:t; ~r-r _ .
~ .J~..,., J~...
.._.~....__.-T--...~._..~... ._._ _._.__- _._ _.._..._ '
~ Ai3TOMO81LEiIA81LiT~
A ,, .. ;rp 0 ~'/10,/06
~ , ;,vnte! 5
~;.:~iE~~;ULE~. ~ -,~. ' ~5
}[ .i!RFi~-. AUTr'.~-
_}[ ~:)r..::;WtJF;:~ ?~.: ~-OS
.._.~ . __..~..._~__.-..._.... . _.
'~ GARAGE LiABH.i? *~
.. 4. ~ . .. JTD
ya.___~ ...~.. __._.. .. . _ __. _. _~__ . ...__ . ____ .. ... _~_-_._. .,____.
EXCESS/UM~lE~~A ~~ABILITv
. ___~,~K CLAiVS Vai ~r.
.. ~._~'~,.~~_;T~~..._
... . RcTENT1Ot~. $
WO(~CERS COMP816ATION AND
EMPIOYERS' LIAB~;ITY
rNY PROPRIETOR~M,RT4ERJEXEC~~ 1'~i~~ F
:~FFICER/MEMBER ~X~;i tiDED~
:f yey describe undN~.
SPECIAL PROVIS~O~{S eeic.~.~
~THER ,~.._...- ---
~"OMBWED SINGLE LIMIT '~, $ 1, OOO ~ OOO
O^~/10 /Q-~ lEaaccident) I
~
BODILV INJURY .. $
. (Per person) .
~~. BODILY INJURY $
'~. (Per accident)
~. _. .. .__. .__..;._ .. ._.
'~~~. PROPERTY DAMAGE ~~i $
~~, (Per accldent) ~
AUTO ONLY - EA ACCIDENT I$
. . . _ _ _ _ . - --- t --
~ OTHER THAN EA ACC ~$_
'~ AUTO ONLY~. AGG I $
-A~.. ~
~EACH OCCURRENCE ~~_.$
~AGGREGATE $
_ ,$
_. ..__ I---..
IS
_ ~S
f TORV LIMITS 1_ I ER }~
EL. EACH~ACCIDENT ~ I~ $
.. ___. - _. _ . t
~ E1. DISEASE - EA EMPLOVE~ $
~. E.L DISEASE - POLICY LIMIT ~, 8
)E3GRIPTIDN OF OPE ~ NS t LOCATIONS I VEHICLES I EXClUS10N5 ADOED BV ENDORSEMENT ~ SPECIAL PROVISIONS
The City of Corpus Christi as an additional insured.
CZTYCOI
City of Cospus Christ~
P.o. sox 9277
Corpv~s Christi TX 78469-92°'7
:ANCELLATION
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATIC
DATE THEREOF, THE ISSUING INSURER WILL ENDEAVOR TO MAIL 3O DAYS WRITTEN
NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEfT, BUT FAILURE TO DO SD SHALL
~MPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURER, ITS Af3ENTS OR
REPRESENTATIVES.
~_ : ., ~ .,-,~..
~rom M~che~e N~asah ~~~rst Texas ,~ s~.~ xnce Se~ nces cax i° 'a :r~~~.ermo Mea~n,, Date i/t9f200i 09 19 AM Page 3 of 7
,r.HANGE EFFECTIVE DATE 07-13-06
CHANGE ENDORSEMENT NUMBER 0001
~r 1~~1/FLERS One Tower Square, Hartford, ConneGicut 06183
CHANGE ENDdRSBlYIEN"
Naned Inaured:
HIGB 6c DRY STORAGH II3C
PolicY Number: RTIC-o30-8126C529-TLC-06
?olicy Effectiva Date: 0?/13/06
Isaue Date: O1/OS/0~
?re~iwm S 0
IN~ING COl[PANY :
TH~ TRAVELERS LLOYDS INSURANCE COMPANY
Bffective from 67/13/06 at the time of day the policy beeomee effective.
TH'S INSiTz2ANC8 e S A.~f3NDSD AS F~LLOWS ;
TEiB COAIl~tERCIAL GS~fiRAL LIABILITY COVBRAGB ?ART IS AMffi~iDBD AS FOLLOPiS:
AD~ING ADD'L INSD-D£SIGNATED PSR50N OR ORG, CG 20 26 11 85, TO RSAD AS
PBR THE ATTACHBD.
NAI~~ AND ADDR~SS OF AGENT OR BRORER:
A J GALLIIGSSR RitS (gp905)
PO BO% 3142
TQZSA, OR 741Q13192
I;. TO 0? 09 87 PAGB 1 OP y
QFFSCS: HaP-3?TD/9
COUNTERSIGNED BY:
L~'1~'~,'~. Q . ~ o~G..
Authonzed Representati
DATE: 01-05 -07
t: %~`*' '+n~~tae ^ot~p~ a=~rst T~xas * s~i ar~e 5~;~nces ~ax+~ Tc ,,~„:zrmo Lteai~~a Date t/19r1007 09 t9 AM Page 4 of7
CHANGE EFFECTIVE DATE 07-13-06
rHANGE ENdORSEMENT NUMBER- 0001
~ T~~vF~ERs
POIICY NUMBER: KTR-530-8126C529-TLC-06
EFFECTIVE DATE: ~~-13-06
ISSUE DATE: O1- 0 S- 07
LISTIVG OF ~pRMS, &NDORS~'IffiQTS AND SCH3DIIL3 N[JMBSRS
THIS LISTFNG SHOWS ?HE NUMHBR OP FORMS, SCHEDIILES AI~ID ENDORS@~TTS
BX LIDiB OF BIISINESS.
IL TO 07 09 87 CHANGS BNDORSffidSBNT
IL T9 O1 10 93 FOR}S3, SNDORS~NTS ,~ND SCHSDIILB NUI~ffiSRS
C01~Q~~CIAL GEYBRAL LIABILI."Y
^G 20 2b 1i 8i ADDL INSD-DSSIG PBRSON OR ORGANZZATZON
iL T$ ti1 10 93 PAGB: 1 OF 1
~=r~m yt;d~eie "L.M~Ch a• -~rs1 Teras+rs,~ ~~r~ Ser.,oes ~aciC ~~ :m.:.:ermo Maa^;~
Date t/19~07 p9 19.4ti1 Page 7 of i
~OMMERCIAL GENERAL LIABILITY
PC~IGYtvi1MBER x:'R ~3C 8:2bC5~9 "':,C-~6 !SSUEDATE: 41-05-07
THfS ENDORSEMEN7 CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
A~DITIONAL I~SURED-DESIGNATED PERSON QR
ORGANIZATION
?h~s endorsement mod~fies msurance provitled under Ihe followmg
COMMERCIAL GENERAI IIABILIT4 COVERAGE PART
SCHEDULE
NAME C~ PER~ON OR ORGANIUTION;
CZTY Ot CORPUS CHRISTI
PO BOX 927''
CORPIIS CH~ISTI 1'% 7846~+
if no entty aFpe~s above, informaGon requ~red to complete this endorsement will be shown in the Deciarations
as applic~bie to Ihis endorsement )
WHO IS AN INS~JRED {Section ii) is amended to ~nciude as an ~nsured the person or organization shown in the
Schedul~ as an insured buz ~niy with ~esper,i to !iability arising out of your operations or premises owned by or
rented ta yau
CG 20 ~ 11 85 C~pynght. insurance Services Office, Inc., 1984 Page 1 of 1
~ ~ . ,.. ,~: ~: , ~. ~. . ~ e... ~. ,.. ~.,. .~. ,.,.