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HomeMy WebLinkAboutC2007-345 - 9/10/2007 - NAAmendment one to the Art 11~useurr~ of South Texas Lease Agreement by and het~ween pity of Carpus Christi and South Texas Institute far the Arts This Amendment one {"Amer~druent"} to the Art IVluscum of South Texas Lease Agreement by and between City of Carpus Christi, Texas ~"City"} and ~auth Texas Institute for the Arts ~"STIA"} made and entered into an September ~1, X004 the "Agreement"}, is made effective as of ~ ~ ~ ~ + ~ ~ the '"Amendment Effective Date"}, A11 capitalized terms defined in the Agreement and used herein shall have the same def ned meanings in the Agreement. RECITALS wHEIAS, City and the STIR desire to amend the Agreement to document certain agreements between the parties that wexe not set Forth in the original Agreement. New T~IEREF~RE, in consideration of the mutual promises contained herein, City and STIR agree as follows; 1 }The parties agree to replace Section S, Article I. Construction of Improvements ubarticle E to read as follows: "STIR shall also require the parties to all STIR. agreements regarding use or improvements to the Museum to furnish insurance in the amounts specified in the attached Exhibit and include in all agreerr~ents the following language:" 1. Prior to commencement of any actlvlty on City of Corpus Christ's propey, provided in the Art Nluseun~ of South Texas Lease Agreement entered into on September ~ 1, 2~~4, between the South Texas Institute for the Arts and the City of Carpus Christi, or this contract, Contractor shall purchase and malntaln during the te~Cn] ~~th~s Contract, at its own expense, hereina~er stipulated minimum insurance with can~panies duly authorized to do business in the State of Texas. Contractor shall not allover any subcontractor to ca~n~nence work until all similar insurance of the subcontractor has been obtained. All insurance policies provided under this Agreement shall be written on an 'f occurrence" basis 2. It is agreed by all parties to this AreerrYent that the insurance required under this Agreement shall: a. Be written with the City of Corpus Christi and STIR as an additional insured on applicable policies and that the policy phrase 'other insuzance" shall not apply to the City of Corpus Christi where the City of Corpus Christi is an additional insured shown on the policy. 2~~7-34 a911D147 Art Museum of So. Tx b, Prorride for thirty ~3~} days notice of cancellation to the pity of corpus Christi, for nonpayrrient of pren~iutn, material change ar any other cause, c, Be written through companies duly authorized to transact that class of insurance in the Mate of Texas. d, waive subrogation nigh#s for lass or damage so that inur~rs have no right to reca~ery or subrogation again# the pity of corpus Christi, it being the intention that the required insurance policies shall protect all parties #o the Areerr~ent and be prirriary co~rerage for all lose covered by the policies. e. Provide ~ ~ertlficate of rn~urance evld~rling the requlred Coverages ta: ~reorge ~. Noe lty Marlager pity of corpus Christi Post office Box 9277 corpus ~lrl~#1, l ~xas ~~~~-~~~~ donna James Risk and safety Manager pity of Corpus Christi Past office Box 977 ~crpus Christi, Texas 784G9-977" ~} The parties agree to add subsection D to section 13, rnsuranee to read as follows. "D, sTIA shall require all parties to contracts regarding use or construction of improvements to the Museum to corraply with the insurance requirerncnts set forth in Exhibit E." 3} All other terms and conditions of the pre~iuusly executed Agreement between the parties remain in effect. wHEREA, the parties have caused their authorized representativcs tv execute this Amendment, which is effecti~re upon the Amendment Effective lute set forth above. CITY OF RPUS CHRISTI By: Print: ~r ~~,• ~~ Title: ~ ~`"~ Date: ~~ ~`~~ f Attest B~: Arrn~nda ~hap~, xty ~ ary Approved as to firm. ~ . ~] , ~~a7 B : ~°,~ Y L~~a Au11ar, Ass's nt pity Attorn~r Far pity ,A~tarne~ SOUTH TEXAS INSTITUTE FOR THE ARTS By: Print: ~~~/ Title: /~f(/~J7'1~/~ Date: ~~~~ ~~~