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Home My WebLink AboutResolution - 195 - Street Use License-LNB-Portion Of Main St For Underground Tunnel, Block 103 OT - 06/28/1979JWF:hw RESO #195 - 6/28/79 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock a Street Use License to Lubbock National Bank for an underground tunnel in a portion of Main Street adjacent to Block 103, Original Town of Lubbock, Texas, attached herewith which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 28th day of June ,1979. Wr DIRK TEST, MAYOR ATTEST: Evelyn Gaffga, City Secfefar}/fTreasurer APPROVED AS TO FORM: vv J. th Fullingim, Asst. y Attorney LIEU TO RESO #E195 - b/26/79 STREET USE LICENSE THE STATE OF TEXAS § COUNTY OF'LUBBOCK § This indenture made this 28th day of June , 1979, between the CITY OF LUBBOCK, TEXAS, a Home Rule Municipal Corporation, and Lubbock National Bank of Lubbock, Lubbock County, Texas, hereinafter called "LICENSEE." WINESSETH: Subject to the terms, conditions and provisions herein, the CITY OF LUBBOCK does hereby grant to the LICENSEE, the right, privilege and license to use a portion of dedicated street to construct and maintain an underground passageway for banking business purposes under Main Street and adjacent to Block 103, Original Town of the City of Lubbock, Lubbock County, Texas, more particularly described as follows: BEGINNING at the Southeast corner of Block 103, Original Town Addition; THENCE'West, along the South line of said Block 103, a distance of 27.00 feet; THENCE South a distance of 15.00 feet; THENCE East a distance of 28.00 feet; THENCE North a distance of 15.00 feet; THENCE West a distance of 1.00 foot to the POINT OF BEGINNING. 1. The terms of this grant shall be from year to year not to exceed twenty (20) years without renewal by the City Council and the CITY OF LUBBOCK retains the right, at its election to cancel and revoke this license, with or without cause, upon thirty (30) days notice to LICENSEE. Said notice shall be deemed properly served if deposited in the post office, postage paid, addressed to LICENSEE at 916 Main, Lubbock, Texas, or the last known address of LICENSEE. .. : Upon expiration or cancellation and revocation of this license by the CITY OF LUBBOCK or'the abandonment of the license by the LICENSEE,.the improvements that are permitted under this license shall be removed by the LICENSEE and the property shall be restored to its original condition at no cost or expense to the CITY OF LUBBOCK. In the event LICENSEE fails or refuses to remove such improvements after demand by the CITY OF LUBBOCK, the CITY OF LUBBOCK shall enter possession, and remove or cause to be removed such improvements and the expense incurred shall be assessed against LICENSEE for which LICENSEE shall be liable. . 2. LICENSEE shall pay to the CITY OF LUBBOCK as a compensation for such grant the sum of FIVE HUNDRED FIFTY-ONE AND 25/100 ($551.25) DOLLARS cash in advance contemporaneously with the acceptance and execution hereof by LICENSEE. 3. The LICENSEE agrees to pay all costs arising out of the exercise of this license herein granted, including but not limited to the replacement and repairing of paving, sidewalks and utilities of any nature occasioned by the construction as authorized by this license. 4. In.the event the CITY OF LUBBOCK determines that the existence of such use interferes with or causes the rerouting or realignment of any public utility, franchised utility, or sanitary or storm sewer line constructed or to be constructed by the CITY OF LUBBOCK or franchised utility, LICENSEE agrees to reimburse the CITY OF tUBBOCK, or such utility, as the case may be, for its expense of such relocating or rerouting over and above the expense which would have been incurred except for LICENSEE'S use herein. 5. This license is not transferable by the LICENSEE without first receiving the written consent of the City Manager of the CITY OF LUBBOCK. 6. This license is made subject to the condition that should the LICENSEE exercise any right under the license herein granted and prepare or begin or complete any part of the construction as herein contemplated across any or all of the above set out property, then and in that event said LICENSEE, his heirs and assigns, will at all times defend, indemnify and otherwise hold the CITY OF LUBBOCK, its agents, servants, and employees harmless from any and all claims, demands, actions, causes of action, suits at law or in equity.of whatsoever kind or nature which may grow out of or be related to the making of this license or the construction or maintenance and use permitted herein. The CITY OF LUBBOCK, at its option, may require an agreement with any contractors hired by LICENSEE to perform the construction, repair or maintenance permitted herein, which agreement will indemnify the CITY OF LUBBOCK from and against all claims, liability, cost and expense growing out of the performance of the work to be done by such contractor. The CITY OF LUBBOCK may further require such contractor, when engaged in the construction, repair or maintenance permitted herein, to furnish, without expense to the CITY OF LUBBOCK, a reliable surety bond, in an amount and in the form satisfactory to the said CITY OF LUBBOCK, guaranteeing the faithful performance of all the 'terms, covenants and conditions contained in said agreement and a certified copy ofa policy of public liability assumed by contractor in said agreement with the CITY OF LUBBOCK. The CITY OF LUBBOCK agrees to give notice to LICENSEE prior to incurring any costs or expenses or the payment of any such claims or demands in order to give LICENSEE a reasonable opportunity to settle or adjust the same. 7. LICENSEE agrees and is required to furnish a policy of public liability and property damage insurance, within limits specified by, and in a form satis- factory to the City Attorney for the,CITY OF LUBBOCK and which names the CITY OF LUBBOCK as the insured, said policy covering the uses herein granted. 8. All of the covenants and provisions of.this license shall be binding upon and inure to the benefit of the successors, legal representatives; assigns and the duly authorized agents and contractors of the parties hereto to the same extent and effect as the same are binding upon and inure to the benefit of the parties hereto, but no assignment hereof by the LICENSEE, its successors and assigns, shall be binding upon the CITY OF LUBBOCK without the consent of the CITY OF LUBBOCK in each instance except as specified in Paragraph Five (5). 9. LICENSEE, by the acceptance of the uses permitted herein, understands and agrees that no interest, title or rights of possession are intended or implied except those expressly set forth herein and LICENSEE waives any and all claims in and to the public way it is permitted to use hereby and agrees to give peaceful possession of said property covered herein upon termination or cancellation of this license. CITY OF LUBBOCK BY DPRK MAYOR ATTEST: &!::f� Evelny Gaf ga, ity Se re ar Treasurer AGREED TO AND ACCEPTED this ;2-- day of e%f , 1979. LICENSEE: Lu bo tions.1 B BX RESIDEN APPROVED AS TO CONTENT: Tom Nivens, Right of Way Agent APPROVED AS TO FORM: AJ. rth Fullingim, Asst, City torney THE STATE OF -TEXAS § COUNTY OF LUBBOCK § BEFORE ME, the undersigned 'authority, a NotarWEST, in and forown saidto to County, Texas on this day personally appeared DIRK be the person whose name is subscribed to.the foregoing instrument and acknowledged to.me that he executed the same as the act and deed of the CITY OF LUBBOCK and as Mayor, for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this QA%;% day of A� 1979. • ' Notary u lie Lubboc unty, Texas r, THE STATE OF TEXAS § COUNTY OF § i BEFORE ME, the undersigned authority, a No y Public in a for said •county, Texas on this day personally. appeared ubgs 1/,�c� Bresident,.known to me to be the eptrhsatnhewhose executed thessame11 S ribeto forathe purposes foregoing instrument and acknowledged to m and consideration therein expressed, and in the capacity therein stated as the act and deed of said Bank.. - GIVEN'UNDER MY HAND AND SEAL OF OFFICE this day of 1979. 0z 7 _7 Notary P lic, County, Texas