Reso 2000-258 - Laserfiche WebLink

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All past monies due and payable under the predecessor in interest have been fully satisfied and are part of the consideration ofthis Agreement. Said payment shall be prorated for partial years during which any said shelter is in place for less than the full calendar year. 5. Shelter Locations. The COMPANY shall furnish the CITY Administrator a schedule showing the location of each bus shelter at the time of paying the license fee for same. No bus shelter shall be placed at any location without the prior approval of the CITY Administrator as to its location and placement. Bus shelters shall not be placed in such a manner as to obstruct traffic or otherwise constitute a traffic hazard. 6. Removal of Shelters. The COMPANY shall promptly, at its own expense, remove any bus shelter which the CITY Administrator determines to be a traffic hazard, and if a fee has been paid to the CITY for such shelter, a refund or credit shall be given to the COMPANY. Should the COMPANY fail to remove a shelter within seven (7) business days after notice served upon the COMPANY, the CITY may do so and charge the cost for such removal to the COMPANY. 7. Insurance. The COMPANY, at its own expense, shall procure an Insurance Policy commonly known as Public Liability Insurance Policy with limits of ONE MILLION (S 1 ,000.000.00) DOLLARS naming the CITY as Co-Insured or Additional Insured and shall hold the CITY harmless from financial responsibility arising out of any claims or lawsuits that may be made against the CITY because of this Agreement or the placement of the bus shelters hereunder. 8. Indemnification. The COMPANY agree to indemnify and hold harmless the CITY, its elected and appointed officers, agents, servants and employees, from and against any and all claims, demands, or causes of action of whatsoever kind or nature sustained by the CITY or any third party arising out of, by reason of, resulting from, or in connection with the COMPANY's performance of this Agreement, and from and against any resulting losses, costs, expenses, reasonable attorneys' fees, liabilities, damages, orders, judgements, or decrees. 9. Payments. Any and all payments to the CITY shall be made to the following address: City of SUNNY ISLES BEACH Attn: City Manager City Hall 17070 Collins Avenue Sunny Isles Beach. FL 33160 10. Term. The term of this Agreement shall be twenty-four (24) months commencing on first day of the month following the signature by all parties to this Agreement. This Agreement may be extended by the mutual written consent of both parties. 11. Termination. Subsequently to the 18th month of this Agreement, this Agreement may be terminated unilaterally by the CITY subsequent to the COMPANY'S receipt of sixty (60) days written notice. 12. Amendment. This Agreement may be amended by the mutual written consent of the parties. This Agreement, or any interest herein, shall not be assigned, transferred or otherwise encumbered without the prior written consent of CITY. 13. Entire Agreement. This Agreement sets forth all ofthe promises, covenants, agreements, conditions and understandings between the parties hereto, and supersedes any and all prior or contemporaneous agreements, understandings, inducements or conditions, express or implied, oral or written, except an herein contained.