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HomeMy WebLinkAboutContracts & Agreements_248-2013_CCv0001.pdf ... Local Assistance Training Caltrans # Sacramento Mate Retroreflectometer Loan-Borrow Agreement Whereas City of Redlands (herein after"Borrowing Agency") desires to borrow equipment as specified below from California State University, Sacramento,College of Continuing Education"CCE,"the following is agreed between the parties. 1. Borrowing Agency desires to borrow the retroreflectometer and associated equipment, which come together in a custom carrying case,from CCE for a loan period from February 3, 2014 to February 14, 2014 2. Borrowing Agency agrees to retrieve and return the retroreflectometer from the California State University,San Marcos (CSUSM) location at 333 S.Twin Oaks Valley Road,San Marcos,CA 92096,as indicated by CCE. 3. The retroreflectometer and all accessories are the property of CCE.The borrowing agency is fully responsible for the good care and safe return of the retroreflectometer and all accessories,including the carrying case. 4. The borrowing agency agrees to store the retroreflectometer and accessories in a secure, locked location at all times when the equipment is not in use. The borrowing agency may not loan or transfer the retroreflectometer or accessories to any other person or agency. S. CCE has insured subject equipment for its replacement value,and the policy of insurance carries a deductible of$1,000.00 (hereinafter"replacement value"). The borrowing agency agrees to be responsible for repairs to the retroreflectometer and any of its accessories which become necessary due to negligence or excessive use during the loan period,up to the amount of the replacement value. 6. The borrowing agency further agrees to reimburse CCE for the insurance deductible of $1,000.00 if the retroreflectometer or accessories are damaged,lost,stolen,or not returned. 7. The borrowing agency agrees to reimburse CCE for the full value of the retroreflectometer or any accessories that are not returned with the retroreflectometer. B. The borrowing agency agrees to contact CCE immediately if the retroreflectometer or any of its accessories are damaged,missing or stolen. Photo documentation of forced entry to a locked location is required. A police report mightalso be required. 9. P ns i ' g below are authorized to i-e resent their,a ri res in this agreement. - ATTT: y -' . .�,, 1 11611-4 BorringAgen S e 'sorySignature Redlands C4ty Clerk Date Zo rr Mug Agepq Pick-up Signgure Date CSUSM Represefative Signature Date