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VACANT PROPRTY SECURITY
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VACANT PROPRTY SECURITY
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Last modified
9/25/2019 12:23:31 PM
Creation date
12/28/2017 10:21:06 AM
Metadata
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Contracts
Company Name
VACANT PROPRTY SECURITY
Contract #
A-2017-332
Agency
Planning & Building
Council Approval Date
12/5/2017
Expiration Date
12/4/2018
Insurance Exp Date
6/3/2020
Destruction Year
2023
Document Relationships
VACANT PROPERTY SECURITY (3)
(Amended By)
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4.10 The payments for services to VPS pursuant to this on -call services Agreement shall not exceed <br />$115,000, unless otherwise agreed upon in writing. <br />S. OWNERSHIP <br />5.1 The Equipment is, and shall at all times remain, the sole and exclusive property of VPS and the <br />City shall have no other rights In the Equipment except as set forth in this Contract. Nothing In the <br />Contract shall give, or be construed to give, the City any option to purchase the Equipment. <br />5.2 The City shall not sublease,assign, or lend the Equipment without prior written consent of VPS <br />and shall not pledge, encumber, create a security Interest in, or permit any Ilen to become effective on <br />the Equipment. The City shall not permit the Equipment to be removed from Its possession or be altered <br />In any way. If any of these events takes place, the City shall be deemed to be In breach of this Contract <br />at the option of VPS. Any purported assignment or sublease of this Contract or the Equipment by the <br />City Is void. In the event the City sells or transfers ownership of a property with the VPS Equipment still <br />Installed, the City will be liable for the cost of the equipment. <br />5.8 Nothing in these Terms or any Contract Is Intended to or will transfer title to or any Intellectual <br />property rights in any Equipment or Services to any person. The Equipment Is supplied on a rental basis <br />solely for the City's use and the City shall not sell, rent, loan, create any security over or in any way <br />encumber .ltwithout-priorwrlttenpermisslonofVPS. While at the Site the-Equipmentlssupplied-at the - - - <br />City's risk and must be returned to VPS at the end of the Service Period In the same condition as at the <br />Service Date, fair wear and tear excepted. <br />5.4 Transfer of property ownership: the City Is responsible for notifying VPS of transfer of property <br />ownership relating to the Site or the Controlled Premises In wrltingto either VPS's sales department or <br />USCIIentServices@vpspeclallsts.com as soon as such transfer Is discovered. <br />6. WARRANTIES <br />6.1 The Parties agree that VPS makes no warranties, express or Implies. VPS SPECIFICALLY DECLAIMS <br />ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OR USE. <br />6.2 The City warrants that it has not relied upon anyterms, conditions, representations of warranties <br />(express or Implied) from or on behalf of VPSother than those set out In these Terms, In particular the <br />City has not relied upon any assessments under section 2. <br />6.3 The City warrants that It shall notify VPS Immediately In case of accident or damage to or theft of <br />the Equipment or of accident or damage to persons or property to the extent such accident or damage <br />relates in any way to the Equipment, Including the use thereof. VPS will be available to service the <br />Equipment only during Its normal business hours. In the event that the Equipment is Involved In an <br />accident or Is In need of repair or maintenance, the City shall permit VPS to retake possession of the <br />Equipment with or without legal proc�ss. <br />
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