11-Move to approve a resolution authorizing the execution of a lease with the City of Paris and Union Pacific Railroad Co.

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Approved:Insurance Group Created: 2/10/06 Last Modified: 7/2/07 EXHIBIT C Union Pacific Railroad Contract Insurance Requirements Lease of Land Lessee shall, at its sole cost and expense, procure and maintain during the life of otherwise provided in this Lease) the following insurance coverage: s Lease A. Commercial General Liabilitv insurance. Commercial general liability (C L) wii not less than $2,000,000 each occurrence and an aggregate limit of not less than $4,000 insurance must be written on ISO occurrence form CG 00 Ol 12 04 (or a substit te fon equivalent coverage). The policy must also contain the following endorsement, whic must the certificate of insurance: Contractual Liability Railroads ISO form CG 24 17 10 01 (ar form providing equivalent coverage) showing "Premises" as the Designated Job Site. Kexcept as 'a limit of p0. CGL providing i stated on ' substitute B. Business Automobile CoveraEe insurance. Business auto coverage written n ISO f CA 00 O] 10 01 (or a substitute form providing equivalent liability coverage) with a combine single mit of not less $2,000,000 for each accident, and coverage must include liability arising out of y auto including owned, hired, and non-owned autos). The policy must contain the following endorsements, which must be stated on the certi icate of nsurance: • Coverage For Certain Operations In Connection With Railroads ISO form C 20 70 0 01 (or a substitute form providing equivalent coverage) showing "Premises" as the De ignated b Site. • Motor Carrier Act Endorsement - Hazardous materials clean up (MCS-90) if r quired b law. C. Workers Compensation and Emplovers Liabilitv insurance. Coverage mu limited to: • Contractor's statutory liability under the workers' compensation laws of the this Agreement. • Employers' Liability (Part B) with limits of at least $500,000 each accidei policy limit $500,000 each employee. If Lessee is self-insured, evidence of state approval and excess workers compensal provided. Coverage must include liability arising out of the U. S. Longsharemen's Act, the Jones Act, and the Outer Continental Shelf Land Act, if applicable. ln any and all Claims against Lessor by any employee of Lessee, Lessee's indemnifi under this section shall not be limited in any way by any limitation on the amount or compensation or benefits payable under any workers compensation acts, disability bi employee benefits acts. ExHiBiT a iclud but not be te(s) fected by 500,01)0 disease overa e must be Harbo Workers' i obli ation of da ages, s acts r other 9q