HomeMy WebLinkAboutResolution - 100975N - Lease Agreement Amendment - LBK Transit Corporation - 10_09_1975r
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RESOLUTION
THAT the MAYOR of the CITY OF LUBBOCK BE and is hereby author
ized and directed to execute a LEASE AGREEMENT AMENDMENT between
the CITY OF LUBBOCK and the LUBBOCK TRANSIT CORPORATION, attacl
herewith which shall be spread upon the minutes of the Council and as sprea
upon the minutes of this Council shall constitute and be a part of this Resolu
tion as if fully copied herein in detail.
Passed by the City Council this 9th day of October 197
ROY BA S, MAYOR
ATTEST:
Treva Phillips, CitviSecretary-Treasurer
APPROVED AS TO FORM:
(enter, Jr., City Attorney
R ES OCUTION
,v
THAT the MAYOR of the CITY OF LU13BOCK BE and is hereby author-
ized and directed to execute a LEASE AGREEMENT AMENDMENT between
the CITY OF LUBBOCK and the LUBBOCK TRANSIT CORPORATION, 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 Resolu-
tion as If fully copied herein in detail.
Passed by the City Council this 9 day of OCTOBER , 1975.
R�� I 't� 4 C '.� -
ASS MAYOR
ATTEST:
� 9
it Treva Phillips,�ty ecretary-Treasurer
APPROVED A5 TO FORM:
Fred O. Senter, Jr., City Attorney
THE STATE OF TEXAS §
§ LEASE AGREEMENT AMENDMENT
COUNTY OF LUBBOCK §
WHEREAS, the CITY OF LUBBOCK and LUBBOCK TRANSIT .
CORPORATION entered into a Lease Management Agreement dated
September 28, 1972; and, which was extended by Agreements dated
September 27, 1973, October 10, 1974, and September 25, 1975; and
WHEREAS, the parties thereto desire to amend such agreement
as shown below; NOW THEREFORE:
WITNESSETH:
THAT the CITY OF LUBBOCK and LUBBOCK TRANSIT CORPORA-
TION do hereby agree to an amendment of the Lease Management
Agreement dated September 28, 1972, and extended on September 27,
1973, October 10, 1974, and September 25, 1975, and Section 7 of
such Agreement Be and is hereby amended to read as follows:
"7. The City of Lubbock shall obtain appropriate forms
of insurance coverage to be in effect during the term of
this contract and any extension thereof, customarily main-
tained by the transit industry with respect to similar
transit operations including, but, not limited to, personal
injury and property damage insurance, providing single
limit coverage in an amount not less than the require-
ments under the applicable Texas law.. Such policies.
shall be obtained by the City, effective November 1,
1975, in the name of Lubbock Transit Company with the
City of Lubbock and American Transit Company named
as additional insured. "
EXECUTED THIS 9th DAY OF October 1975,
CITY OF LUBBOCK
ROY BASS, MAYOR
ATTEST. ;
Treva Phillips, City ecretary-Treasurer
APPROVED AS TO FORM:
rFred O. Senter, Jr., City Attorney
LUBBOCK TRANSIT CORPORATION
PRESIDENT
ATTEST:
Secretary
THE STATE OF TEXAS §
LEASE AGREEMENT AMENDMENT
COUNTY OF LUBBOCK §
WHEREAS, the CITY OF LUBBOCK and LUBBOCK TRANSIT DIVISION
OF AMERICAN TRANSIT CORPORATION entered into a Lease Management
Agreement dated September 28, 1972; and, which was extended by Agree-
ments dated September 27,. 1973, October 10, 1974, and September 25, 1975,
and
WHEREAS, the parties thereto desire to amend such agreement as shown
below; NOW THEREFORE:
WITNESSETH:
THAT the CITY OF LUBBOCK and LUBBOCK TRANSIT DIVISION OF
AMERICAN TRANSIT CORPORATION do hereby agree to an amendment of
the Lease Management Agreement dated September 28, 1972, and extended
on September 27, 1973, October 10, 1974, and September 25, 1975, and
Section 7 of such Agreement Be and is hereby amended to read as follows:
"7. The City of Lubbock shall obtain appropriate forms
of insurance coverage to be in effect during the term of
this contract and any extension thereof, customarily main-
tained by the transit industry with respect to similar tran-
sit operations including, but not limited to, personal injury
and property damage insurance, providing single limit
coverage in an amount not less than the requirements under
the applicable Texas law. Such policies shall be obtained
by the City, effective November 1, 1975, in the name of
Lubbock Transit Company with the City of Lubbock and .
American Transit Company named as additional insured. "
EXECUTED THIS 9th DAY OF October , 1975.
CITY OF LUBBOCK
ROY BASS, MAYOR
ATTEST: �p
Treva Phillips, City Secretary -Treasurer
APPROVED AS TO FORM:
Fred O. Senter, Jr., City Attorney
LUBBOCK TRANSIT DIVISION
OF AMERICAN TRANSIT CORPORATION
PRESIDENT
ATTEST:
Secretary