09.02 - Consider Equip Use Agreement for Water

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EQUIPMENT USE AGREEMENT FOR WATER AND VJI-T -1l AYLV C4 3011 4 711_0101&S *4 XK61*1 The City of Pequot Lakes, (CITY) owns certain capitol equipment for use in the maintenance of its utility systems and the CITY desires to rent out said capitol equipment to Pine River Area Sanitary District, ( PRASD). Pine River Area Sanitary District owns certain capitol equipment for use in the maintenance of its public utility. PRASD desires to rent certain equipment to the CITY for the maintenance of its utility system. NOW THEREFORE, it is mutually agreed between the parties to work together for the good of both public utilities. And make the equipment listed below available for use by the other party. 1. EQUIPMENT THE CITY OF PEQUOT LAKES HAS THAT IT'S WILLING TO RENT TO PRASD. 1.1 One (1) portable trailer mounted ]etter unit, for use in the routine and emergency cleaning of small to moderate sewer lines. 1.2 One (1) 2008 ford one ton service truck with crane 2. EQUIPMENT THE SANITARY DISTRICT HAS THAT IT'S WILLING TO RENT TO THE CITY OF PEQUOT LAKES. 2.1 One (1) trailer mounted portable generator. 3. INSURANCE 3.1. Both parties agree that each party is currently insured through the League of Minnesota Cities Insurance Trust ( °LMCIT ") and maintains appropriate levels of insurance as required by the LMCIT and furthermore each party agrees to maintain the current levels of insurance with the LMCIT through the term of this Agreement. 3.2. Both parties agree that they will provide evidence of and maintain in full force and effect municipal general liability insurance, automobile liability insurance, and workers' compensation insurance through the League of Minnesota Cities Insurance Trust (LMCIT) using standard LMCIT coverage forms. The CITY and PRASD shall be named as additional insureds on the municipal liability policy for each party. 0 q