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R-89-1251 - 3/9/1989RESOLUTION NO. 4 WHEREAS, the City previously contracted with Ranger Excavating, Inc. for a project known as " Ganzert Branch Channel Improvements -Phase II ", and WHEREAS, the City has retained the final payment pending the outcome of a dispute with one of the property owners, and WHEREAS, Commercial Union Insurance Company has offered to indemnify the City against the property owner's claims in consideration of the release of the final payment, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City an Indemnity Agreement with Commercial Union Insurance Company, a copy of said Agreement being attached hereto and incorporated herein for all purposes, and BE IT FURTHER RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the final payment for the Ganzert Branch Channel Improvements -Phase II is approved for disbursement. RESOLVED this 9th day of March, 1989. ATTEST: 41 ,41J14 JiANNE LAND, City Secretary C39RESRANG2 MIKE ROBINSON, Mayor INDEMNITY AGREEMENT In consideration of the payment of Forty -Eight Thousand One Hundred Twenty -Two Dollars and Sixty -Four Cents ($48,122.64) out of contract funds retained by the City of Round Rock ( "City ") to Ranger Excavating, Inc., c/o Carpenter, Carruth & Hover, 1210 River Bend Drive, Suite 200, Dallas, Texas 75247, Commercial Union Insurance Company ( "Commercial ") does hereby agree to indemnify, defend and hold harmless the City of and from any claims which have been made as of the date of execution of this Indemnity Agreement, or any claims and /or lawsuits which may be made within two years from the date of execution of this Indemnity Agreement by Elmer Forsman and /or his brothers and sisters or their heirs, successors or assigns ( "The Forsmans ") based upon or concerning allegations by the Forsmans that Ranger Excavating, Inc., damaged fences on the Forsmans' property and /or removed dirt from the Forsmans' property in connection with Ranger's performance of their duties under a Public Works Contract for certain improvements located in Round Rock, Williamson County, Texas, known as the "Ganzert Branch Channel Improvements - Phase II." Commercial denies that the Forsmans would be entitled to recover any sums from the City or any other person or entity in connection with the events described herein, but now enters into this Indemnity Agreement for the sole consideration of effecting the payment of the remaining contract balance owed to Ranger under the aforementioned Public Works contract which is presently being retained by the City. In the event that the Forsmans make or pursue their respective claims and based upon the events described herein against the City within two years from the date of this Agreement, the City, as a condition precedent to Commercial's liability under this Indemnity Agreement, shall, within twenty days of its receipt of any such notice, notify Commercial in writing, sent certified mail, return receipt requested to Commercial Union Insurance Company, One Beacon Street, Boston, Massachusetts 02108, Attention: Robert B. Collins, Assistant Vice - President, Fidelity and Surety Claims, with reference to Bond No. CR 7284813, Obligee: City of Round Rock, Texas; Project: Ganzert Branch Channel Improvements Phase II. Provided, however, that in the event a lawsuit is filed against the City, the City agrees to see that an Answer is timely filed on its behalf and give notice to Commercial as outlined above so Commercial can assume its defense under this Indemnity Agreement. Upon receipt of said Notice, Commercial agrees to employ an attorney of its own selection to defend against said claim and /or lawsuit on behalf of the City, with all costs, expenses and attorney's fees to be incurred at Commercial's expense with the understanding that the total liability of Commercial under this Indemnity Agreement, -2- DATE: March 7, 1989 SUBJECT: Council Agenda, March 9, 1989 ITEM: 13F. Consider a resolution approving an indemnity agreement from Commercial Union Insurance Company regarding the Ganzert Branch Channel Improvements Project. STAFF RESOURCE PERSON: Steve Sheets /Jim Nuse STAFF RECOMMENDATION: The indemnity agreement protects the City from claims made by the property owners. By accepting the indemnity agreement the City will make final payment on the project. ECONOMIC IMPACT: None