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27 - Grand Theater Project
City-of-Paris
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27 - Grand Theater Project
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CITY CLERK
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VI. <br />Contract Termination Provision <br />This Contract may be terminated at any time by CITY for any cause by providing <br />CONTRACTORthirty (30) days written notice of such termination. Upon receipt of such notice, <br />CONTRACTORshall immediately terminate working on, placing orders,or entering into <br />contracts for supplies, assistance, facilities,or materials in connection with this Contract and shall <br />proceed to promptly cancel all existing contracts insofar as they are related to this Contract. The <br />CITY will only be obligated to compensate the CONTRACTORin a just and equitable manner <br />for those services performed prior to the effective date of termination and upon the <br />CONTRACTOR’s submitting a statement of actual services performed and payment requested. <br />VII. <br />Ownership of Documents <br />All materials and documents prepared or assembled by CONTRACTORunder this <br />Contract shall become the sole property of CITY and shall be delivered to CITY without restriction <br />on future use. CONTRACTORmay retain in its files copies of all drawings, specifications and <br />all other pertinent information for the work. CONTRACTORshall have no liability for changes <br />made to any materials or other documents by others subsequent to the completion of the Contract. <br />VIII. <br />Insurance Requirements <br />Before commencing work, the CONTRACTORshall, at its own expense, procure, pay for <br />and maintain during the term of this Contract insurance in accordance with the requirements set <br />forth in Attachment Chereto, written by companies approved by the State of Texas, and <br />acceptable to the CITY and listing the City of Paris, Texas as an additional insured. The <br />CONTRACTORshall furnish to the City Clerk copies of the insurance policies required herein <br />stating coverages, limits, expiration dates and compliance withall applicable required provisions. <br />Policies shall reference the project and be addressed as follows: <br />City of Paris <br />150 SE First St <br />Paris TX 75460 <br /> <br /> <br />
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