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HomeMy WebLinkAboutResolution - 2003-R0051 - Purchase Agreement - Crouch & Associates, LTD - 01_23_2003RESOLUTION Resolution No. 2003-R0051 January 23, 2003 Item No. 55 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 an Assignment of Purchase Agreements between the City of Lubbock and Crouch & Associates, LTD ("Crouch"), and any other related documents. Said Assignment is attached hereto and incorporated in this Resolution as if fully set forth herein and shall be included in the minutes of the Council. Passed by the City Council this 23rd day of January 2003. ~MAYOR ATTEST: £~~~ RebeCca Garza, City Secretary "l$"" APPROVED AS TO FORM: 6;1~ Richard K. Casner ~ Natural Resources Attorney RKC:ke /ccdocs/CrouchAssign. Res December 30, 2002 c ,-_ ~- Resolution No. 2003-R0051 January 23, 2003 Item No. 55 ASSIGNMENT OF PURCHASE AGREEMENTS THIS AGREEMENT (sometimes referred to as "Assignment"), dated effective as of the date set forth below, is by and between the City of Lubbock, a Texas home rule municipal corporation (the "City") and Crouch & Associates, LTD., a Texas limited partnership ("Crouch"). WITNESSETH: WHEREAS, the City owns and operates real property located in Lubbock, Texas, utilized for cemetery purposes (the "Lands"); and WHEREAS, on or about December 3, 2001, the City and Crouch entered into that certain Cemetery Sales and Development Professional Service Agreement (the "Underlying Agreement") whereby Crouch committed to construct a mausoleum upon the Lands, and to perform certain obligations related thereto; and WHEREAS, the City, in its sales to customers, has entered into, and contemplates entering into further, Purchase Agreements with parties desiring mausoleum sepulture contemplating time-sales arrangements (the "Purchase Agreements"); and WHEREAS, Crouch desires to be assigned, and the City desires to assign to Crouch, the Purchase Agreements, subject to the terms and provisions hereof. NOW THEREFORE, in consideration of the mutual promises, covenants, and agreements herein contained, the City and Crouch agree as follows: 1. Subject to the provisions hereof, the City assigns to Crouch all of the City's right, title and interest under the Purchase Agreements, to be entered into between the Effective Date of this Assignment and December 31, 2012, unless otherwise noted in the applicable Purchase Agreement, without recourse of any kind, type, or form. Crouch-Assignment of Purchase Agreement Page 1 of13 2. This Assignment constitutes a delegation of the performance of all the duties of City as set forth in the Purchase Agreements, and Crouch agrees, covenants, and promises to perform, in total, all of such duties under the Purchase Agreements. 3. Crouch shall pay to City, within the times specified in the Underlying Agreement, and notwithstanding anything to the contrary herein, all sums due it under the Underlying Agreement. Nothing contained in this Assignment shall affect, in any way, manner or form, the obligations of Crouch to make such payments to the City. 4. CROUCH SHALL INDEMNIFY AND HOLD CITY AND CITY'S ELECTED OFFICIALS, OFFICERS, AGENTS, EMPLOYEES AND CONTRACTORS HARMLESS, TO THE FULLEST EXTENT PERMITTED BY LAW, FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS, DAMAGES, COSTS, LIABILITIES AND EXPENSES, INCLUDING REASONABLE ATTORNEYS' FEES, AS A RESULT OF, ARISING FROM OR RELATED TO THE ACTIVITIES CONTEMPLATED BY THIS ASSIGNMENT, THE PURCHASE AGREEMENTS, OR THE UNDERLYING AGREEMENT, OR FROM ANY ACT OR OMISSION OF ANY KIND OR TYPE BY CROUCH, OR CROUCH'S OFFICERS, AGENTS, EMPLOYEES, OR CONTRACTORS, IN OR ABOUT THE LANDS OR OTHER REAL PROPERTY OWNED BY THE CITY, AND INCLUDING ANY AND ALL CLAIMS, DEMANDS, DAMAGES, COSTS AND EXPENSES CAUSED IN WHOLE OR PART, BY THE SOLE, CONCURRENT AND/OR GROSS NEGLIGENCE, OF ANY KIND, TYPE OR DEGREE, OF CITY, CITY'S ELECTED OFFICIALS, AGENTS, OFFICERS, EMPLOYEES OR CONTRACTORS. IF ANY ACTUAL PROCEEDING IS BROUGHT AGAINST CITY AND/OR CITY'S ELECTED Crouch-Assignment of Purchase Agreement Page 2 of13 OFFICIALS, OFFICERS, AGENTS, EMPLOYEES OR CONTRACTORS ARISING FROM ANY OF THESE CIRCUMSTANCES, CROUCH FURTHER AGREES TO DEFEND THE PROCEEDING WITH LEGAL COUNSEL ACCEPT ABLE TO CITY. 5. Crouch shall procure and carry, at its sole cost and expense through the life of the Purchase Agreements herein assigned, and the Underlying Agreement, insurance protection as hereinafter specified, in form and substance satisfactory to the City, carried with an insurance company authorized to transact business in the State of Texas, covering all foreseeable aspects and operations in connection with this Assignment, the Purchase Agreements herein assigned and the Underlying Agreement, including, but not limited to, all aspects, operations and/or occurrences to which Crouch has indemnified the City, as provided in Paragraph 4, above. A Certificate of Insurance specifying each and all coverages shall be submitted to the City prior to the execution of this Assignment, except as it relates to the required Builder's Risk Insurance, of which said Certificate shall be submitted no later than fifteen (15) days prior to the commencement of any construction activities. Crouch shall provide to the City proof of the below-described insurance on or before fourteen (14) days prior to the expiration date of each expiring policy, and cause each required policy to require the insurer to (i) give notice to the City, as specified herein, of termination of any such policy sixty (60) days before such termination is to be effective; and (ii) contain a waiver of any and all of the insurer's rights to subrogation that any such insurer or insurers may acquire by virtue of payment of any loss under such insurance. A. Comprehensive General Liability Insurance. Crouch shall have comprehensive general liability insurance, with an endorsement to include contractual coverage, with limits of $1,000,000.00 Crouch-Assignment of Purchase Agreement. Page 3 of13 -· combined single limit in the aggregate and per occurrence. The City shall be named as an additional insured in such policy. B. Owner's Protective or Contingent Public Liability Insurance and Property Damage Liability Insurance. Crouch shall obtain an Owner's Protective or Contingent Public Liability Insurance policy naming City as insured, in the amount of, for bodily injuries, including accidental death and/or property damage, $1,000,000.00 combined single limit. This insurance coverage shall include coverage against casualty or damage, including, but not limited to, damage caused by fire and/or vandalism, to any and all improvements located on the Lands. C. Builder's Risk Insurance. Crouch shall have Builder's Risk Insurance in the amount of one hundred percent (100%) of the prices of each contract relating to the construction activities contemplated in this Assignment, the Purchase Agreements, and/or the Underlying Agreement. D. Worker's Compensation and Employers Liability Insurance. covering all employees whether employed by Crouch or any subcontractor on the job with Employers Liability of at least $500,000.00, with a valid Waiver of Subrogation. 1. Definitions: Certificate of coverage ("certificate") - A copy of a certificate of insurance, a certificate of authority to self-insure issued by the commission, or a coverage agreement (TWCC-81, TWCC-82, TWCC-83, or TWCC-84), showing statutory workers' compensation insurance coverage for the person's or entity's employees providing services on the mausoleum or mausoleums (the "Project"), for the duration of the Project. Duration of the Project -includes the time from the beginning of the work on the Project until Crouch's work on the Project has been completed and accepted by the -City. Persons providing services on the Project ("subcontractor" in Section 406.096, Texas Labor Code) -includes all persons or entities performing all or part of the services Crouch has undertaken to perform on the Project, regardless of whether that person contracted directly with Crouch and regardless of whether that person has employees. This includes, without limitation, independent contractors, subcontractors, leasing companies, motor carriers, owner-operators, employees of any such entity, or employees of any entity which furnishes persons Crouch-Assignment of Purchase Agreement Page4 of13 to provide services on the Project. "Services" include, without limitation, providing, hauling, or delivering equipment or materials, or providing labor, transportation, or other service related to the Project. "Services" does not include activities unrelated to the Project, such as food/beverage vendors, office supply deliveries, and delivery of portable toilets. 2. Crouch shall provide coverage, based on proper reporting of classification codes and payroll amounts and filing of any coverage agreements, which meets the statutory requirements of Texas Labor Code, Section 401.011(44) for all employees of the contractor providing services on the Project, for the duration of the Project. 3. Crouch must provide a certificate of coverage to the City. 4. If the coverage period shown on Crouch's current certificate of coverage ends during the duration of the Project, Crouch must, prior to the end of the coverage period, file a new certificate of coverage with the City showing that coverage has been extended. 5. Crouch shall obtain from each person providing services on the Project, and provide to the City: (a) a certificate of coverage, prior to that person beginning work on the Project, so the City will have on file certificates of coverage showing coverage for all persons providing services on the Project; and (b) no later than seven days after receipt by Crouch, a new certificate of coverage showing extension of coverage, if the coverage period shown on the current certificate of coverage ends during the duration of the Project. 6 Crouch shall retain all required certificates of coverage for the duration of the Project and for one year thereafter. 7. Crouch shall notify the City in writing by certified mail or personal delivery, within 10 days after Crouch knew or should have known, of any change that materially affects the provision of coverage of any person providing services on the Project. 8. Crouch shall post on each Project site a notice, in the text, form and manner prescribed by the Texas Workers' Compensation Commission, informing all persons providing services on the Project that they are required to be covered, and Crouch-Assignment of Purchase Agreement Page 5 of13 stating how a person may verify coverage and report lack of coverage. 9. Crouch shall contractually require each person with whom it contracts to provide services on the Project, to: (a) provide coverage, based on proper reporting of classification codes and payroll amounts and filing of any coverage agreements, which meets the statutory requirements of Texas Labor Code, Section 401.011(44) for all of its employees providing services on the project, for the duration of the Project; (b) provide to Crouch, prior to that person beginning work on the Project, a certificate of coverage showing that coverage is being provided for all employees of the person providing services on the Project, for the duration of the Project; ( c) provide Crouch, prior to the end of the coverage period, a new certificate of coverage showing extension of coverage, if the coverage period shown on the current certificate of coverage ends during the duration of the Project; ( d) obtain from each other person with whom it contracts, and provide to Crouch: (i) a certificate of coverage, prior to the other person beginning work on the Project; and (ii) a new certificate of coverage showing extension of coverage, prior to the end of the coverage period, if the coverage period shown on the current certificate of coverage ends during the duration of the Project; ( e) retain all required certificates of coverage on file for the duration of the Project and for one year thereafter; (f) notify the City in writing by certified mail or personal delivery, within 10 days after the person knew or should have known, of any change that materially affects the provision of coverage of any person providing services on the Project; and (g) contractually require each person with whom it contracts to perform as required by paragraphs (a) -(g), Crouch-Assignment of Purchase Agreement Page 6 of13 "' .i _.._. with the certificates of coverage to be provided to the person for whom they are providing services. 10. By signing this contract or providing or causing to be provided a certificate of coverage, Crouch is representing to the City that all employees of Crouch who will provide services on the Project will be covered by worker's compensation coverage for the duration of the Project, that the coverage will be based on proper reporting of classification codes and payroll amounts, and that all coverage agreements will be filed with the appropriate insurance carrier or, in the case of a self-insured, with the commission's Division of Self-Insurance Regulation. Providing false or misleading information may subject Crouch to administrative penalties, criminal penalties, civil penalties, or other civil actions. 11. Crouch's failure to comply with any of these provisions is a breach of contract by Crouch which entitles the City to declare the contract void if Crouch does not remedy the breach within ten days after receipt of notice of breach from the City. E. Proof of Coverage 1. Crouch or a contractor shall: (a) provide coverage for its employees providing services on a Project, for the duration of the Project based on proper reporting of classification codes and payroll amounts and filling of any coverage agreements; (b) provide a certificate of coverage showing workers' compensation coverage to the City prior to beginning work on the Project; ( c) provide the City, prior to the end of the coverage period, a new certificate of coverage showing extension of coverage, ifthe coverage period shown on Crouch's current certificate of coverage ends during the duration of the Project; ( d) obtain from each person providing services on a Project, and provide to the City: Crouch-Assignment of Purchase Agreement (i) a certificate of coverage, prior to that person beginning work on the Project, so the City will have on file certificates of coverage showing coverage for all persons providing services on the Project; and (ii) no later than seven days after receipt by Crouch, a new certificate of coverage showing Page 7of13 extension of coverage, if the coverage period shown on the current certificate of coverage ends during the duration of the Project; ( e) retain all required certificates of coverage on file for the duration of the Project and for one year thereafter; (f) notify the City in writing by certified mail or personal delivery, within 10 days after Crouch knew or should have known, of any change that materially affects the provision of coverage of any person providing services on the Project; (g) post a notice on each Project site informing all persons providing services on the Project that they are required to be covered, and stating how a person may verify current coverage and report failure to provide coverage. This notice does not satisfy other posting requirements imposed by the Texas Worker's Compensation Act or other commission rules. This notice must be printed with a title in at least 30 point bold type and text in at least 19 point normal type, and shall be in both English and Spanish and any other language common to the worker population. The text for the notices shall be the following text provided by the commission on the sample notice, without any additional words or changes: REQUIRED COVERAGE WORKERS' COMPENSATION "The law requires that each person working on this site or providing services related to this construction project must be covered by workers' compensation insurance. This includes persons providing, hauling, or delivering equipment or materials, or providing labor or transportation or other service related to the project, regardless of the identity of their employer or status as an employee. " "Call the Texas Workers' Compensation Commission at 5111440-3789 to receive information of the legal requirements for coverage, to verify whether your employer has provided the required coverage, or to report an employer's failure to provide coverage;" and (h) contractually require each person with whom it contracts to provide services on a Project, to: Crouch-Assignment of Purchase Agreement (i) provide coverage based on proper reporting of classification codes and payroll amounts and Page 8 of13 filing of any coverage agreements for all of its employees providing services on the Project, for the duration of the Project; (ii) provide a certificate of coverage to Crouch prior to that person beginning work on the Project; (iii) include in all contracts to provide services on the Project the following language: "By signing this contract or providing or causing to be provided a certificate of coverage, the person signing this contract is representing to the City that all employees of the person signing this contract who will provide services on the Project will be covered by workers' compensation coverage for the duration of the Project, that the coverage will be based on proper reprinting of classification codes and payroll amounts, and that all coverage agreements will be filed with the appropriate insurance carrier or, in the case of a self-insured, with the commission's Division of Self- Insurance Regulation. Providing false or misleading information may subject the Contractor to administrative penalties, criminal penalties, civil penalties, or other civil actions."; Crouch-Assignment of Purchase Agreement (iv) provide Crouch, prior to the end of the coverage period, a new certificate of coverage showing extension of coverage, if the coverage period shown on the current certificate of coverage ends during the duration of the Project; (v) obtain from each other person with whom it contracts, and provide to Crouch: (1) a certificate of coverage, prior to the other person beginning work on the Project; and (2) prior to the end of the coverage period, a new certificate of coverage showing extension of the coverage period, if the coverage period shown on the current certificate of coverage ends during the duration of the Project; Page 9of13 (vi) retain all required certificates of coverage on file for the duration of the Project and for one year thereafter; (vii) notify the City in writing by certified mail or personal delivery, within 10 days after the person knew or should have known, of any change that materially affects the provision of coverage of any person providing services on the Project; and (viii) contractually require each other person with whom it contracts, to perform as required by paragraphs (i)-(viii), with the certificate of coverage to be provided to the person for whom they are providing services. 6. Crouch is in default under this Assignment in the event Crouch shall fail to meet, comply with, or perform any covenant, agreement, or obligation on Crouch's part required in this Assignment, the Purchase Agreements and/or the Underlying Agreement within the time limits and in the manner required in this Assignment, the Purchase Agreements, and/or the Underlying Agreement, as applicable. On the occurrence of any event deemed by the City to be a default by Crouch under this Assignment, and Crouch shall have failed to completely cure such default on or before twenty (20) days after notice of such default is provided to Crouch, the City may, at City's sole option, do any one or more of the following: A. Immediately terminate this Assignment without any further action by the City, by written notice delivered to Crouch, in which event Crouch shall immediately reassign the Purchase Agreements assigned under this Assignment, along with all rights thereunder; and B. Seek any other recourse, relief, or remedy that may be available to City at or by law, equity, or contract, including without limitation, Crouch-Assignment of Purchase Agreement Page 10of13 bringing a lawsuit for damages and attorneys' fees. It is expressly agreed and understood that the exercise of any right or remedy by City shall not preclude the concurrent or subsequent exercise of any other right or remedy and all other rights and remedies shall be cumulative. 7. All notices, demands, requests, and other communications required hereunder shall be in writing and shall be deemed to be delivered upon the earlier to occur of (i) actual receipt, and (ii) the deposit of, in a regularly maintained-receptacle for the United States mail, registered or certified, return receipt requested, postage prepaid, addresses as follows: Ifto City: City of Lubbock Randy Truesdell, Parks and Recreation Manager P OBox 2000 Lubbock, Texas 79457 If to Crouch: Crouch & Associates, LTD. Attn: Jay D. Crouch, President and CEO P 0 Box 150038 Austin, Texas 78715 8. This Assignment is being executed and delivered and is intended to be performed in the State of Texas, the laws of Texas governing the validity, construction, enforcement, and interpretation of this Assignment. This Assignment is performable in, and exclusive venue for any action brought with respect hereto shall lie, in Lubbock County, Texas. Crouch-Assignment of Purchase Agreement Page 11of13 .... ,_ . 9. This Assignment embodies the entire agreement between the parties and supercedes all prior agreements and understandings, if any, related to the assignment of the Purchase Agreements and the Underlying Agreement, if affected hereby, and may be amended or supplemented only in writing, executed by the party against whom enforcement is sought. 10. This Assignment, together with the Purchase Agreements assigned hereunder, except as otherwise provided herein, may not be assigned without the express consent of the City. As a condition to consent, the City may require, in addition to other things it may deem necessary or advisable in its sole and absolute discretion, an express assumption by the potential assignee of all obligations of the City under the Purchase Agreements. This Assignment, together with the Purchase Agreements assigned hereunder, may be assigned by Crouch to a "bank", as defined in Section 31.002 of the Texas Finance Code, as same may be amended from time to time, without an expressed acceptance of the obligations of the City under the Purchase Agreements, solely for the purpose of obtaining financing by Crouch to be utilized for the construction, promotion and sale of the facilities contemplated in the Underlying Agreement . This Assignment is binding upon and inures to the benefit of the City and Crouch, and their respective successors. 11. Nothing contained herein shall ever be construed as a conveyance of real property, or any interest therein, by the City. The City expressly reserves all real property owned by it. This Assignment is without recourse and is "as is'', "where is", and "with all faults" and further, is without warranties of any kind or nature, expressed or Crouch-Assignment of Purchase Agreement Page 12 of13 .... I> • implied, including without limitation, warranties of title, fitness for use or particular purpose or merchantability. Executed and effective this 23rd day of January , 200~, but effective for all purposes on January , 23nl,200J. CROUCH & ASSOCIATES, LTD. ATTEST: M~~~ Rebecca Garza, City SecretafY APPROVED AS TO CONTENT: ~ APPROVED AS TO FORM: ,k/?L_ Richard Casner, Natural Resources Attorney Richard/l/cityatt//CrouchAssgnPA.Redline2.December 20, 2002 Crouch-Assignment of Purchase Agreement Page 13 of13