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HomeMy WebLinkAboutResolution - 1879 - Contract - Pecan Valley Electric - Taxiway Guidence Sign Imporvements, LIA - 11/15/1984MH:js RESOLUTION Resolution #1879 November 15, 1984 Agenda Item #25 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 Contract between the City of Lubbock and -Pecan Valley Electric Company, Inc. for taxiway guidance sign improvements at the Lubbock International Airport, 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 15th day of November , 1984. ATTEST: Ran�tte Boyd, City Secretary APPROVED AS TO CONTENT: Marvin Coffee, Vq.6ctor of Aviation APPROVED AS TO FORM: Mir le Hart, Assistant City Attorney CHANGE ORDER NO. 1 Lubbock International Airport Taxiway Guidance Sign Improvements AIP PROJECT No. 3-48-0138-02 August, 1984 September 17, 1985 TO: Pecan Valley Electric Company, Inc. P.O. Box 608 Brownwood, Texas 76801 General Description of work included in contract: This project consists of the removal of approximately 86 existing taxiway guidance signs; installation of approximately 97 new taxiway intersection and destination signs; installation of approximately 24 new holding position signs; installation of 2 new combination signs; taxiway marking and other related items of work. Original Amount of Contract . . . . . . . . . . . . . $198,629.00 Change Order No. 1 . . . . . . . . . . . . . . .(Add) 2,664.00 Adjusted Contract Price . . $201,293.00 Original Construction Time . . . . . . . . . . . . . 200 Calendar Days Change Order No. 1 . . . . . . . . . . . . . . .(Add) 60 Calendar Days Adjusted Construction Time:- 260 Calendar Days WHEREAS, it is desirable to make certain changes in the work included under this project: AND WHEREAS, during installation of the taxiway guidance signs, the internal wiring of Signs A-8, A-9 and A-10 was modified to allow connection of those signs to the high intensity runway light circuit, the Proposal shall be modified by the addition of the following: 15. 1 Internal wiring modifications to L.S. Signs A-8, A-9 and A-10, complete, per lump sum: $ 2,445.00 AND WHEREAS, during installation of airport transformer vault equip- ment, additional work was required to install a new circuit breaker on an existing regulator, the Proposal shall be modified by addition of the following: 16. 1 Install new circuit breaker on existing L.S. regulator, complete, per lump sum:$ 219.00 CHANGE ORDER NO. 1 Page 1 of 2 AND WHEREAS, the project experienced unavoidable delays due to the extended material delivery time, the Owner and Contractor agree that the time allowed for the completion of the project shall be extended 60 calendar days, from 200 calendar days to 260 calendar days. THIS AGREEMENT WITNESSETH: In consideration of the mutual advantage gained, the Owner and the Contractor agree to the changes indicated above and further agree that the amount of the contract and the construction time shall be adjusted by the amounts shown above. The aforementioned changes, and work affected thereby, are subject to all contract stipulations and covenants. IN WITNESS WHEREOF, the Owner and the Contractor have hereto set their hands this day of S E PT , 1985. RECOMMENDED: PARKHILL, SMITH & COOPER, INC., Consulting Engineer Project Bye Engineer,Sept. IS 1985. APPROVED: PECAN VALLEY ELECTRIC COMPANY, INC., Contractor By , 1985. APPROVED: CITY OF UBBOCK, TEXAS, Owner By > o� 1985. ATTEST: ':� Cit ecretary APPROVED AS TO CONTENT: Marvin Coffee Director of Aviation CHANGE ORDER NO. 1 Page 2 of 2 A CERTIFIED COPY ' GENERAL POWER OF ATTORNEY No ............. 85918 .................. Know all Men by these Presents: That UNITED STATES FIDELITY AND GUARANTY COMPANY, i corporation organized and existing ander the laws of the State. of Maryland, and having its principal office at the City of Baltimore, in the State of Maryland, does hereby constitute and appoint Ethel .Adams of the City of Brownwood , State of Texas , its true and lawful attorney in and for the State of Texa:; for the following purposes, to wit: To sign its name as surety to, and to execute, seal and acknowledge any and all bonds, and to respectively do and perform any and all acts and things set forth. in the resolution of the Board of Directors of the said UNITED STATES FIDELITY AND GUARANTY COMPANY, a certified copy' of which Is hereto annexed and made a part of 'this Power of Attorney; and the said UNITED STATES FIDELITY AND GUARANTY COMPANY, through us, its Board of Directors, hereby ratifies and confirms all and whatsoever the aid Ethel Adams taay lawfully do in the premises by virtue of these presents. p - In Witness Witness Whereof, the said UNITED STATES FIDELITY AND GUARANTY COMPANY has`caused_this instrument to be sealed with its corporate seal, duly suested by the signatures of its Vice -President and Assistant Secretary, this 13th . day of June . A. D. 19 75 UNITED STATES FIDELITY AND , GUARANTY COMPANY. ( SEAT+) - STATE OF MARYLAND. BALTIMORE CITY, as: eo. (Signed) 8r.. ..G ........................................... Stewart, Jr. (Signed) Duval A. Edwards ........................................ ......... Assistant 'Secretary. On this 13th day of June , A. D. 19 ?$ before me personally came Geo. A. Stewart, Jr. , Vice•Presldent of the UNITED STATES FIDELITY AND GUARANTY COMPANY and Duval A. Edwards , Assistant Secretary of said Company, with both of whom I am personally, acquainted, who being by me severally duly sworn, said that they resided in the City of Baltimore, Maryland; that they, the said ueo. A. .Stewart, Jr. and Duval A. Edwards were respectively the Vice -President and the Assistant Secretary of the acid UNITED STATES FIDELITY AND GUARANTY COMPANY, the eor. poration described in and which executed the foregoing Power of Attorney; that they each knew the seal of said corporation; that the seal affixed to said Power of Attorney was such corporate seal, that it was so fixed by order of the Board of Directors of said corpora• tion, and that they signed their names thereto by like order as Vice -President and Assistant Secretary, respectively, of the Company. My commission expires the fiat day in July, A. D. 19.. Ta... (SEAL) (Signed) .,,,_..Herbert, J.,.Aull....................... Notary Public. STATE OF MARYLAND BALTIMORE CITY, E Robert H. Bouse Clerk of the Superior Court of Baltimore City, which Court is a Court of Record, and has a seal, do hereby certify that Herbert J. Aull , Esquire, before i whom the annexed affidavits were made, and who has thereto subscribed his name, was at the time of so doing a Notary Public of the State of Maryland. in and for the City of Baltimore, duly commissioned and sworn and authorized by law to administer oaths and take acknowledgments, or proof of deeds to he recorded therein. I further certify that I am acquainted with the handwriting of the said Notary, and verily believe the signature to be his genuine signature. In Testimony Whereof, I hereto set my hand and affix the seal of the Superior Court of Baltimore City, the same being a Court of Record, this 13th day of June , A. D. 19 95 (SEAL) (Signed) ...................................... Ckrk of the Superior Court of Baltimore City. FS 3 (s -s7) ^'� t a •Asatasoas tuatsnsry .. .......................... ............................ 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'Auedwo:) p!rs fo sivase so ivase so •iogf-ut•s,(auaoiie so Aauaoiie st suosaad so uosaad Aus iutodde of liras aiviodaoo sit sapun 'saur3asoaS iusistssy sito auo so AatiasoaS sir qi!M uonounfuoa u! sivap!saad -ao!A si! ;o sayi!a so ivaptsaad si! saModwa put az!aoyinm 'saop Aqasaq it put 'op )usdwo0 stgi iegi spaalosag sl aq `ajolasatj L puglpuno}Mah ;o AuoloO aqi ut put tpgur0 fo not—uoa aqi fo sPOUTAoad aqi ul pus saigiS pai!ufl ayi fo sa!aoi!saa.L ayi u! pus •puv,AarjAl usgi aagio sairis ut amtu sit ul pus it sof ioe of Aiuoyine put saMod qi!M slausone put siva8s iu!oddx Ausdmo0 stye igyi ssaulsnq ;o uonassutsi IEnioa}Ia aqi sof Astssaaau St it hoasaydf taq,L NOu,1z09311 3O AdO3 TO: CITY OF LUBBOCK LUBBOCK, TEXAS THIS IS TO CERTIFY THAT CERTIFICATE OF INSURANCE Date Type of Project Name and Address of Insured is, at the date of this certificate, insured by this Company with respect to the business operations hereinafter described, for the types of Insurance and in accordance with the provisions of the standard policies used by this Company, and further hereinafter described. Exceptions to standard policy noted on reverse side hereof. TYPE OF INSURANCE _ Policy No. Effective Expires Limits of Liability Workmen' s - - -- 1 e _ Public 1 person S Liability 60- pl8q11W 6-R :2 --AR gLJ accident 0, e* -0 Contingent 1 person $ Liability 1 accident $ Property Damaize S -4r % e; I-IJ6--V 7 s2g" g �{' 7,�Q,gS� /D0.000 Builder's Risk Automobile Other: 83 946 q- j.A0. oco The foregoing Policies (do) (Ao-aee•) cover all sub -contract rs. Locations Covered: Description of Operations Covered: The above policies either in the body thereof or by appropriate endorsement provide that they may not be changed or cancelled by the insurer in less than the legal time required after the insured has received written notice of such change or cancellation, or, in case there is no legal requirement, in less than five days after the insured has received such written notice. FIVE COPIES OF THIS CERTIFICATE MUST BE f surer SENT TO THE OWNER By am o Title 7G�o�j I - 1 United States Fire Insurance Company A New York Corporation Home Office: New York, N.Y. International insurance Company An Illinois Corporation Home Office: Chicago. Illinois Westchester Fire Insurance Company The North River Insurance Company A New York Corporation A New Jersey Corporation Home Office: New York, N.Y. ♦ Home Office: Township of Morris. N.J. a U.S. Insurance Group a Crum and Forster organization (Each a Capital Stock Company) THE DEFENDER COMMERCIAL COMPREHENSIVE CATASTROPHE LIABILITY POLICY In consideration of the payment of premium and in reliance upon the statements in the Declarations and subject to the Limit of Liability, Exclusions, Conditions, and other terms of this policy, the Company named in the Declarations (a capital stock company, herein called the Company) agrees with the insured, also named in the Declarations attached, to provide coverage as follows: INSURING AGREEMENTS I- COVERAGE The Company agrees to pay on behalf of the insured the ultimate net loss in excess of the retained limit herein- after stated, which the insured may sustain by reason of the liability imposed upon the insured by law, or assumed by the insured under contract, for: (a) Bodily Injury Liability, (b) Personal Injury Liability, (c) Property Damage Liability, or (d) Advertising Liability, arising out of an occurrence. In any jurisdiction where, by reason of law or statute, this policy is invalid as a "pay on behalf" of contract, the Company agrees to indemnify the insured for ulti- mate net loss in excess of the retained limit. 11. DEFENSE SETTLEMENT With respect to any occurrence covered by the terms and conditions of this policy, but not covered, as war- ranted, by the underlying policies listed in Schedule A hereof or not covered by any other underlying insur— ance collectible by the insured, the company shall; (a) defend any suit against the insured alleging such injury or destruction and seeking damages on account thereof, even if such suit is groundless, false or fraudulent; but the company may make such investi- gation, negotiation and settlement of any claim or suit as' it deems expedient; (b) pay all premiums on bonds to release attachments for an'amount not in excess of the applicable limit of liability of this policy, all premiums on appeal bonds required in any such defended suit, but without any obligation to apply for or furnish any such bonds; (c) pay all expenses incurred by the company, all costs taxed :against the insured in any such suit and all interest accruing after entry of judgment until the company has paid or tendered or deposited in court such part of such judgment as does not exceed the limit of the company's liability thereon; (d) reimburse the insured for all reasonable expenses, other than loss of earnings, incurred at the company's request; (e) reimburse the insured for actual loss of earnings, not to exceed $100.00 perdayforeach insured, subject to an aggregate sum of $10,000 each occurrence for all insureds combined at the company's request; and they amounts so incurred, except settlements of claims and suits, are payable by the company in addition to the applicable limit of liability of this policy. In jurisdictions where the company may be prevented by law or otherwise from carrying out this agreement, the company shall pay any expense incurred with its written consent in accordance with this agreement. III. DEFINITIONS 1. "NAMED INSURED" AND "INSURED" "Named Insured" means the person of organization named in Item 1 of the declarations of this policy, and: (a) any subsidiary company (including subsidiaries thereof) of the Named Insured, and any other company coming under the Named Insured's control of which it assumes active management; (b) if the Named Insured is an individual, their spouse, if a resident of the same household, but this policy shall only apply to the conduct of a business or business properties of which the Named Insured is the sole -proprietor, or to the ownership, maintenance, or use of an automobile; (c) if the Named Insured is designated in the declara- tions, as a partnership or joint venture, the partnership rT,ernner tnerec . but only v.itn respect to tneir liability as such. The unqualified word "insured wherever used, in- cludes the Named Insured and also: (d) any person, organization. trustee or estate to whom or to which the Named Insured is obligated by virtue of a written contract to provide insurance such as is afforded by this policy, but only with respect to operations by or on behalf of the Named Insured, or to facilities of or used by the Named Insured; (e) at the option of the Named Insured and subject to the terms of the coverage of this insurance, any addi- tional insured, other than the Named Insured, included in the underlying policies listed in Schedule A but only to the extent that insurance is provided to such additional insured thereunder; (f) any executive officer, director or stockholder there- of while within the scope of his duties as such; (g) at the option of the Named Insured and subject to the terms of the coverage of this insurance, any em- ployee of the Named Insured, other than an executive officer, while within the scope of his duties as such; (h) at the option of the Named Insured and subject to the terms of the coverage of this insurance, with re- spect to an automobile owned by or loaned to the Named Insured or hired for use on behalf of the Named Insured, any person using the automobile with the Named Insured's permission, and any person or organization legally responsible for the use thereof. The insurance with respect to any person ororganization other than the Named Insured does not apply under division (h) of this definition of "Named Insured" and "Insured"; 1. To any person or organization, or to any agent or employee thereof, operating an automobile sales agency, repair shop, service station, storage garage or public parking place, with respect to any occur- rence arising out of the operation thereof; 2. With respect to any automobile hired by or loaned to the Named Insured, to the owner or a lessee thereof other than the Named Insured, or to any agent or employee of such owner or lessee. 2. "BODILY INJURY" "Bodily Injury'." means; (a) bodily injury, sickness, disease, disability, shock, mental anguish and mental injury including death at any time resulting therefrom; (b) assault and battery not committed by or at the direction of the insured, unless committed for the purpose of protecting persons or property. 3. "PERSONAL INJURY" "Personal Injury" means injury, such as but not limited i �.r.,l C'ri• fI r tion, false arrest, false imprisonment, wrongful eviction, -,vrongful detention, malicious prosecution or humilia- Jon which occurs during the policy sustained by a natural person, but excluding any such injury included within the definition of advertising liability. 4. "PROPERTY DAMAGE" 'Property Damage" means; (a) physical injury to or destruction of tangible prop- erty which occurs during the policy period, including the loss of use thereof at any time resulting there- from, or (b) loss of use of tangible property which has not been physically injured or destroyed provided such loss of use is caused by an occurrence during the policy period, or (c) injury to intangible property which occurs during the policy period sustained by an organization as a result of wrongful eviction, malicious prosecution, libel, slander or defamation but excluding any such damage included within the definition of advertising liability. 5. "ADVERTISING LIABILITY" "Advertising Liability" means libel, slander, defamation, infringement of copyright, title or slogan, piracy, unfair competition, idea misappropriation or invasion of rights of privacy committed, or alleged to have been com- mitted in any advertisement, publicity article, broadcast or telecast and arising* out of the Named Insured's advertising activities. 6. "ULTIMATE NET LOSS" "Ultimate Net Loss" means the total of the following sums with respect to each occurrence; (a) all sums which the insured is legally obligated to pay as damages whether by reason of adjudication or settlement, because of bodily injury, personal injury, property damage or advertising liability to which this policy applies, and (b) all expenses, other than defense settlement pro- vided in Insuring Agreement II, incurred by or on behalf of the insured in the investigation negotiation, settlement and defense of any claim covered by this policy or suit seeking such damages, excluding only the salaries of the insureds regular employees. This policy shall not apply to defense, investigation, settlement or legal expenses covered by underlying insurance. 7. "PRODUCTS HAZARD" "Products Hazard" means the handling or use of or the existence of any condition in or a warranty of goods or products manufactured, sold, handled or distributed by the Named Insured or by others trading under its name, Y goods or products has been relmgi11shed to others by the Named Insured or by others trading under its name and if such occurrence happens away from premises owned by, rented to or controlled by the Named Insured, provided such goods or products shall be deemed to include any container thereof, other than a vehicle, but shall not include any vending machine or any property, other than such container rented to or located for use of others but not sold. S. "COMPLETED OPERATIONS HAZARD" "Completed operations hazard" means operations com- pleted by or on behalf of the Insured and includes reliance upon a representation or warranty made at any time with respect thereto, but only if the bodily injury or property damage occurs after such operations have been com- pleted or abandoned and occurs away from premises owned by or rented to the named insured. "Operations" include materials, parts or equipment furnished in con- nection therewith. Operations shall be deemed com- pleted at the earliest of the following times; 1. when all operations to be performed by or on behalf of the named insured under the contract have been completed; 2. when all operations to be performed by or on behalf of the named insured at the site of the operations have been completed, or; 3. when the portion of the work out of which the injury or damage arises has been put to its intended use by any person or organization other than another contractor or subcontractor engaged in performing operations for a principal,as a part of the same project. Operations which may require further service or mainte- nance work, or correction, repair or replacement because of any defect or deficiency, but which are otherwise complete, shall be deemed completed. The completed operations hazard does not include bodily injury or property damage arising out of; (a) operations in connection with the transportation of property, unless the bodily injury or property damage arises out of a condition in or on a vehicle created by the loading or unloading thereof, (b) the existence of tools, uninstalled equipment or abandoned or unused materials. 9. "OCCURRENCE" "Occurrence" means; (a) with respect to Bodily Injury Liability or Property Damage Liability, injurious exposure to conditions which results in Bodily Injury or Property Damage neither expected nor intended from the standpoint of the insured. All damages arising out of such exposure to substantially the same general condi- tions shall be considered as arising out of one occurrence. (b; v. lh resYeci :o Persona' Injury L"`.: f, 3- o' wt ich results in Personal Injury, other than an offense committed with actual malice or the willful violation of a penal statute or ordinance committed by or with the knowledge or consent of the insured. All damages arising out of such exposure to substantially the same general conditions shall be considered as arising out of one occurrence. (c) with respect to Advertising Liability all damages involving'; the same injurious material or act regard- less of the frequency or repetition thereof, the number of kind of media used, and the number of claimants and all such damages shall be considered as arising out of one occurrence. IV. POLICY; PERIOD, TERRITORY This policy, applies to occurrences happening any- where during the policy period. V. RETAINED LIMIT - LIMIT OF LIABILITY The Company's liability shall be only for the ultimate net loss in excess of the insured's retained limit defined as the greater of; (a) the total of the applicable limits of the under- lying policies listed in Schedule A hereof, and the applicable limits of any other insurance collectible by the insured; or (b) the self-insured retention stated in Item 4(c) of the declarations as the result of all occurrences not covered by said underlying insurance, and which shall be porne by the insured, separately as respects each anival period of this policy. When the self-insured retention stated in Item 4(c) has been exhausted, this policy shall apply without application of the self-insured retention for the remainder of that annual period. The company's liability shall not exceed the amount stated in Iem 4(a) of the declarations as the result of any one occurrence. There is no limit to the number of occurrences during the policy period for which claims may be made except that the liability of the company 'arising out of the Products Hazard and the Completed Operations Hazard on account of all occur- rences during each policy year shall not exceed the aggregate amount stated in Item 4(b) of the declarations. EXCLUSIONS This policy shall not apply: (a) to any obligation for which the insured or any of its insurers may be held liable under any workers' or unemployment compensation, disability benefits or similar law, provided, however that this exclusion does not apply to liability of others assumed by the Named insured under contract; (b) to injury to or destruction of or loss of: (2) any goods, products or containers thereof manufactured, sold, handled or distributed, or work completed by the insured, out of which the occurrence arises: (c) under Advertising Liability for: (1) failure of performance of written contract, (2) infringement of registered trade mark, service mark or trade name by use thereof as the registered trade mark, service mark or trade name of goods or services sold, offered for sale or advertised, but this shall not relate to titles or slogans, (3) incorrect description of any article or com- modity, or (4) mistake in advertised price; (d) to damages claimed for the withdrawal, inspection, repair, replacement, or loss of use of the Named In- sured's products or work completed by or for the Named Insured or of any property of which such products or work form a part, if such products, work or property are withdrawn from the market or from use because of any known or suspected defect or deficiency therein; (e) to loss of use of tangible property which has not been physically injured or destroyed resulting from; (1) a delay in or lack of performance by or on behalf of the Named Insured of any contractor agreement, or (2) the failure of the Named Insured's products or work performed by or on behalf of the Named Insured to meet the level of performance, quality, fitness, or durability warranted or represented by the Named Insured; but this exclusion does not apply to the extent coverage available to the Named Insured in the underlying insurance as set out in Schedule A of the policy or to loss of use of other tangible property resulting from the sudden and accidental physical injury to or de- struction of the Named Insured's products or work performed by or on behalf of the Named Insured after such products or work have been put to use by any person or organization other than an insured; (f) to liability arising out of the discharge, dispersal, release or escape of smoke, vapors, soot, fumes, acids, alkalis, toxic chemicals, liquids or gases, waste materials or other irritants, contaminants or pol- lutants into or upon land, the atmosphere or any water course or body of water; but this exclusion does not apply if such discharge, dispersal, release or escape is sudden and accidental; (g) to liability arising out of the ownership, mainte- nance, operation, use, loading or unloading of air- craft, other than aircraft chartered with crew, unless coverage therefor is provided by policies listed in Schedule A attached to this policy. This exclusion mr _;rf : at,,_ -Ig Ottt of ar.,7 jr, trc course of his employment by the insured. CONDITIONS A. Premium Computation. The premium for this policy shall be based upon the rating basis as set forth in the declarations during the policy period, and shall be computed at the rate set forth in the declarations applied to each unit of exposure of such rating basis. The advance premium is based upon the estimated expo- sures for the policy period as stated in the declarations. Upon expiration of this policy or its termination during the policy period, the earned premiums shall be com- puted as thus defined. If the earned premium thus com- puted is more than the advance premium paid, the Named Insured shall immediately pay the excess to the company; if less, the company shall return the difference to the Named Insured but the company shall receive and retain the annual minimum premium for each twelve (12) months of the policy period. B. Inspection and Audit. The company shall be per- mitted at all reasonable times to inspect the insured's premises and equipment, and to examine the Named Insured's books and records so far as the books and records relate to premium earned or to any occurrences happening during the policy period. C. Severability of Interests. The term "insured" is used severally and not collectively except with respect to Insuring Agreement V (Retained Limit — Limit of Lia- bility) and Condition 1 (Other Insurance). The inclusion in this policy of more than one insured shall not operate to increase the company's total liability for all insureds covered by this policy beyond the limits set forth in Item 4(A) and 4(B) of the declarations. O. Notice of Occurrence. Upon the happening of an occurrence reasonably likely to involve the company hereunder, written notice shall be given as soon as practicable to the company or any of its authorized agents. Such notice shall contain particulars sufficient to identify the insured and the fullest information obtain- able at the time. The insured shall give like notice of any claim made on account of such occurrence. If legal proceedings are begun the insured, when requested by the company, shall forward to it each paper thereon, or a copy thereof, received by the insured or the insured's representative, together with copies of reports of investigations made by the insured with respect to such claim proceedings. E. Assistance and Co-operation. Except as provided in Insuring Agreement 11 (Defense Settlement) or in Condi- tion J (Underlying Insurance) the company shall not be called upon to assume charge of the settlement or defense of any claim made or proceeding instituted against the insured, but the company shall have the right and opportunity to associate with the insured in the defense and control of any claim or proceeding reason- rnsur[ v F. Appeals. In the event the insured or the insureds underlying insurer elects not to appeal a judgment in excess of the retained limit, the company may elect to do so at its own expense, and shall be liable for the taxable costs, disbursements and interest incidental thereto, but in no event shall the liability of the company for ultimate net loss exceed the amount set forth in Insuring Agreement V (Retained Limit Limit of Lia- bility) for any one occurrence plus the taxable costs, disbursements and interest incidental to such appeal. G. Loss Payable. Liability of the company with respect to any one occurrence shall not attach unless and until the insured, the company in behalf of the insured, or the insured's underlying insurer, has paid the amount of retained limit. Where the company must indemnify the insured for ultimate net loss in accordance with Insuring Agreements, the insured shall make a definite claim for any loss for which the company may be liable within twelve (12) months after the insured shall have paid an amount of ultimate net loss in excess of the amount borne by the insured or after the insured's lia- bility shall have been made certain by final judgment against the insured after actual trial, or by written agree- ment of the insured, the claimant and the company. If any subsequent payments are made by the insured on account of the same occurrence, additional claims shall be made similarly from time to time and shall be'payable within thirty (30) days after proof in confirmity with this policy. The insured shall promptly reimburse the company for any amount of ultimate net loss paid on behalf of the insured within the self-insured retention specified in Item 4(c) of the declarations. H. Bankruptcy or Insolvency. Bankruptcy or insolvency of the insured shall not relieve the company of any of its obligations hereunder. I. Other Insurance. if other collectible insurance including other insurance with this company is available to the insured covering a loss also covered hereunder (except insurance purchased to apply in excess of the sum of the retained limit of liability hereunder) the insurance hereunder shall be in excess of and not con- tribute with such other insurance. J. Underlying Insurance. If underlying insurance is exhausted by any occurrence the company shall be obliged to assume charge of the settlement or defense of any claim or proceeding against the insured resulting from the same occurrence, but only where this policy applies immediately in excess of such underlying insur- ance, without the intervention of excess insurance of another carrier. In the event of the reduction or exhaustion of the ag- gregate limits of liability of the underlying policies listed in Schedule A solely by reason of losses paid thereunder in respect of occurrences happening during the policy period of this policy, this policy, (1) in the event of reduc- t ,!l, i i1;; :- tri E: t xt, ,:S u t`iC.' rCi:,.. , ; � ldt'i. C,g limits; or (2) in the evfmt of exhaustion, shall continue in force as underlying insurance. K. Subrogation. The company shall be subrogated to the extent of any payment hereunder to all the insured's right of recovery therefor; and the insured shall do everything necessary to secure such rights. Any amount so recovered shall be apportioned as follows: Any interest (including the insureds) having paid an amount in excess of the retained limit plus the limit of liability hereunder shall be reimbursed first to the extent of actual payment. The company shall be reimbursed next to the extent of its actual payment hereunder. If any balance then remains unpaid, it shall be applied to reimburse the insured or any underlying insurer, as their interests may appear. The expenses of all such recovery proceedings shall be apportioned in the ratio of respective recoveries. If there, is no recovery in pro- ceedings conducted solely by the company, it shall bear the expenses thereof. L. Changes. Notice to or knowledge of any. agent or other person shall not effect a waiver or change in .any part of this policy nor estop the company from asserting any right; under it, nor shall the terms of this policy be waived or changed except by endorsement hereon. M. Assignment. Assignment of interest under this policy shall not bind the company until its consent is endorsed hereon. It, however, the insured shall die or be adjudged bankrupt, or insolvent within the policy period, this policy, unless cancelled, shall cover the insured's legal represen}ative for the unexpired portion of such period. N. Cancellation. This policy may be cancelled by the Named Insured by surrender thereof to the company or any of its authorized agents, or by mailing to the company written notice stating when thereafter such cancellation shall be .effective. This policy may be can- celled by the company by mailing to the Named Insured at the address shown in this policy written notice stating when not less than thirty (30) days for any reason other than non-payment of premium or ten (10) days for non- payment of premium thereafter, such cancellation shall be effective. The mailing of notice as aforesaid shall be sufficient notice and the effective date of cancellation of ci:iu ••tiif,' nViii�C. . t .. ... .. f.. ." 7 period. Delivery of suet: written notice ether by the Named Insured or by the company shall be equivalent to mailing. If this policy is cancelled, earned premium shall be computed pro rata. Premium adjustment may be made at the time cancella- tion is effected or as soon as practicable thereafter. The check of the company or its representative, mailed or delivered, shall be sufficient tender of any refund due the Named Insured. If this policy insures more than one insured, cancella- tion may be effected by the first of such Named Insureds for the account of all insureds; and notice of cancella- tion by the company to such first Named Insured shah be notice to all insureds. Payment of any unearned premium to such first Named Insured shall be for the account of all interests therein. O. Maintenance of Underlying Insurance. It is warranted by the insured that the underlying policies listed in Schedule A, or renewals or replacements thereof not more restricted, shall be maintained in force during the currency of this policy, except for any reduction of the aggregate limits contained therein solely by payment of claims in respect of occurrences happening during this policy period. In the event of failure by the insured to so maintain such policies in force or to meet all con- ditions and warranties subsequent to loss under such policies the insurance afforded by this policy shall apply in the same manner it would have applied had such policies been so maintained in force. In the event there is no recovery available to the insured as a result of the bankruptcy or insolvency of the under- lying Insurer, the coverage hereunder shall apply in excess of the applicable limit of liability specified in Schedule A. IN WITNESS WHEREOF, the company has caused this policy to be signed by its vice chairman of the board and secretary but this policy shall not be valid unless com- pleted by the attachment hereto of a declarations page countersigned by a duly authorized representative of the company. t Antoinette C. Bentley Sidney F. Wentz ` Secretary Vice Chairman of the Board J ' I NUC=LEAR ENE=RGY LIABILITY EXCLUSION ENDORSEF`:ENT This policy shall not apply (a) to injury, sickness, disease, death, destruction or loss: 1. with respect to which an insured under the policy is also an insured under a nuclear energy liability -policy issued by Nuclear Energy Liability Insur- ance Association, Mutua Atomic Energy Liability Underwriters or Nuclear Insurance Association of Canada, or would be an insured under any such policy but for its termination upon exhaustion of its limit of liability; or 2. resulting from the hazardous properties of nuclear material and with respect to which (a) any person or organization is required to maintain financial protection pursuant to the Atomic Energy Act of 1954, or any law amendatory thereof, or (b)- the insured is, or had its policy not been issued would be, entitled to indemnity from, the United States of America, or any agency thereof, under any agreement entered into by the United States of America, or any agency thereof, with any person or organization; "nuclear material" means source material, special nuclear material or by product material: "source material", "special nuclear material" and "by- product material" have the meanings given them in the Atomic Energy Act of 1954 or in any law amendatory thereof; "spent fuel" means any fuel element or fuel component, solid or liquid, which has been used or exposed to radia- tion in a nuclear reactor; ..waste" means any waste material (1) containing by- product material and (2) resulting from the operation by any person or organization of any nuclear facility included within the definition of nuclear facility under paragraph (1) and (2) thereof; "nuclear facility" means 1. any nuclear reactor, 2. any equipment or device designed or used for (a) separating the isotopes of uranium or plu- tonium, (b) processing or utilizing spent fuel, or (c) handling, processing or packing waste, .(b) to injury, sickness, disease, death, destruction or 3. any equipment or device used for processing, loss resulting from the hazardous properties of fabricating or alloying of special nuclear material nuclear material, if: if at any time the total amount of such material in the custody of the insured at the premises where such 1. the nuclear material (a) is at any nuclear facility equipment or device is located consists of or con - owned by, or operated by oron behalf of, an insured tains more than 25 grams of plutonium or uranium or (b) has been discharged or dispersed therefrom; 233 or any combination thereof, or more than 2. the nuclear material is contained in spent fuel or 250 grams of uranium 235, waste at any time possessed, handled, used, 4. any structure, basin, excavation, premises or place processed, stored, transported or disposed of by prepared or used for the storage or disposal of or on behalf of an insured; or waste, 3. the injury, sickness, disease, death, destruction or and includes the site on which any of. the: foregoing is loss arises out of the furnishing by an insured of located, all operations conducted on such ---site and all services, materials, parts or equipment in con- premises used for such operations; nection with the planning, construction, mainte- "nuclear reactor" means any apparatusdesigned or nance, operation or use of any nuclear facility, but used to sustain nuclear fission in self-supporting chain if such facility is located within the United States reaction or to contain a critical mass of fissionable of America, its territories or possessions or Canada, material. this exclusion (3) applies only to injury to or With respect to injury to or destruction of or loss of destruction of or loss of property at such nuclear 1 Yur" property, the word "in or "destruction" or "loss" facility. As used in this endorsement: includes all forms of radioactive contamination of property. "hazardous properties" include radioactive, toxic or All other terms and conditions of this policy remain explosive properties; unchanged. FM 101.0.755(5-93) Print date (9-83) THIS CERTIFICATE IS :ISSUED AS A MATTER OF INFORMATION 074LY.ANu t.urrrLna THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER ..THE COVERAGE _AFFORDED i9Y THE PC NAME AND ADDRESS OF AGENCY COMPANIES AFFORDING COVERAGES Brayton Smith Insurance Agency, Inc. P. 0. Box 130 ETTERNY Brownwood, TX 76804 x5000000 COMTTEPANYR B (EgCHI ACCIDENT) EL� NAME AND ADDRESS OF INSURED COMPANY LETTER Pecan Valley Electric Co., Inc. 3 p. 0. BOX 605 COMPANY D LETTER Brownwood, TX 76804 COMPANY E LETTER This is to certify that policies of insurance listed below have been issued to the insured named above and are in force at this time. Notwithstandingg the insurance afforded by the policies d of any contract or other document with respect to which this certificate may be Issued or may pertain, terms, exclusions and conditions of such policies. Limits of Lial TYPE OF INSURANCE POLICY NUMBER POLICY EXPIRATION DATE NERAL LIABILITY BODILY INJURY MPREHENSIVE FORMEMISES—OPERATIONSPROPERTY DAMAGE PLOSION AND COLLAPSE F[EOUNDERGROUND HAZARD HAZARD ODUCTS/COMPLETED BODILY INJURY AND OPERATIONS HAZARD NTRACTUAL INSURANCE PROPERTY DAMAGE ROAD FORM PROPERTY COMBINED DAMAGE DEPENDENT CONTRACTORS requirement, term or con(31UOn Sed herein is subject to all the ow housan s 0— EACH AGGREGATE OCCURRENCE S ❑ PERSONAL INJURY PERSONAL INJURY AUTOMOBILE LIABILITY A 10 COMPREHENSIVE FORM OWNED HIRED I,�c NON -OWNED ❑ UMBRELLA FORM ❑ OTHER THAN UMBRELLA FORM and EMPLOYERS' LIABILITY OTHER CAG 7 130 585 DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES All owned, hired vehicles operated by insured BODILY INJURY AND I PROPERTY DAMAGE L COMBINED STATUTORY E S S Cancellation: Should any of the above described policies be cancelled before the expiration date thereof, the issuing com- nwill endeavor to mail 3 0— days written notice to the below named certificate holder, but failure to F ay mail such notice shall impose no obligation or liability of any kir NAME AND ADDRESS OF CERTIFICATE HOLDER: City of ° Lubbock City Hall Lubbock, TX 79408 ACORD 25 (1-79) DAI BODILY INJURY $250,000 EACH EIN 7,26-85 x5000000 (EgCHI ACCIDENT) PROPERTY DAMAGE BODILY INJURY AND 3 PROPERTY DAMAGE BODILY INJURY AND I PROPERTY DAMAGE L COMBINED STATUTORY E S S Cancellation: Should any of the above described policies be cancelled before the expiration date thereof, the issuing com- nwill endeavor to mail 3 0— days written notice to the below named certificate holder, but failure to F ay mail such notice shall impose no obligation or liability of any kir NAME AND ADDRESS OF CERTIFICATE HOLDER: City of ° Lubbock City Hall Lubbock, TX 79408 ACORD 25 (1-79) DAI