Laserfiche WebLink
Car Club policy, the City's own TML insurance coverage applies only to actual damages under the <br />contract, and will not apply to punitive or exemplary damages assumed by the City under the <br />Contract. Finally, one other aspect of the arrangement which could be considered is to determine <br />the order of responsibility among the assurers to meet these obligations. The contract itself is silent <br />on the question of whether or not this responsibility would be shared equally among the Chamber of <br />Commerce, Lamar County, and the City ofParis or whether one entity would have firstresponsibility <br />over another. <br />COSTS: There is no direct cost set out in the contract which would accrue to the City. All costs are <br />contingent costs, to assume the responsibilities of the sports car club to make necessary repairs to the <br />premises, pay for personnel costs of the State, and ultimate responsibility for any liability. <br />RECOMMENDED ACTION: Consider the request for the City to enter into the proposed <br />agreement. <br />STAFF CONTACT: Gary Vest, Lamar County Chamber of Commerce; Larry W. Schenk, City <br />Attorney; and Michael E. Malone, City Manager <br />COUNCIL DATE: Consider at City Council's regular Council meeting of May 13, 2002. <br />ADDITIONAL MATERIALS: See enclosed Resolution of approval, proposed Surface Use <br />Agreement, and correspondence from Texas Municipal League Intergovernmental Risk Pool. <br />