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ORDINANCE NO. 2000 <br />PAGE 19 <br />§9045.21 HOLD HARMLESS. <br />(a) Grantee, under any franchise operated pursuant to this chapter, shall agree to <br />indemnify, hold harmless, release and defend the Village, its officers, boards, commissions, <br />agents and employees from and against any and all lawsuits, claims, causes of action, <br />actions, liability, demands, damages, disability, losses, expenses, including reasonable <br />attorneys' fees and costs or liabilities of any nature that may be asserted by any person <br />resulting or in any manner arising from the action or inaction of the Grantee, its <br />subcontractors, employees, and agents, in constructing, operating, maintaining, repairing <br />or removing the system, in carrying on Grantee's business or operations in the Village or <br />in exercising orfailing to exercise any right or privilege granted by the franchise agreement. <br />This indemnity shall apply, without limitation, to any action or cause of action for invasion <br />of privacy, defamation, antitrust, errors and omissions, theft, fire, violation or infringement <br />of any copyright, trademark, trade names, service mark or patent, or any other right of any <br />person, firm or corporation, whether or not any act or omission complained of is authorized, <br />allowed or prohibited by this chapter or any franchise agreement, but shall not include any <br />claim or action arising out of the actions or omissions of Village officers, employees or <br />agents or related to any Village programming or other access programming for which the <br />Grantee is not legally responsible. <br />(b) The Village shall promptly notify Grantee of any claims subject to indemnification <br />by Grantee and shall cooperate with all reasonable requests by Grantee for information, <br />documents, testimony or other assistance appropriate to a resolution of such claims. <br />Grantee shall have full responsibility for and control of any action or undertaking directed <br />at the resolution of such claims. <br />§945.22 INSURANCE; CONSTRUCTION COMPLETION BOND; PERFORMANCE BOND. <br />(a) Grantee shall provide insurance as specified in the franchise agreement. <br />(b) With respect to the initial construction of the cable system, or any significant <br />project to upgrade or rebuild more than 50% of the cable system, Grantee shall provide to <br />Grantor a construction performance and construction completion bond (herein referred to <br />as the "construction completion bond") with a surety approved by the Grantor's Law <br />Director, in an amount equal to ten percent of the applicable estimated construction cost. <br />Such amount, however, shall not exceed $200,000. With respect to initial construction of <br />the cable system or the upgrade or rebuild project, when regular subscriber service is <br />available to 75% of occupied dwelling units, amount of the bond shall be reduced by 50% <br />of the original amount. On the one-year anniversary after completion of the initial <br />construction of the cable system or the upgrade or rebuild project, as the case maybe, the <br />bond may be canceled. <br />(c) Within 60 days of the ordinance adopting the franchise agreement, Grantee shall <br />deposit with Grantor a surety bond or, at the option of Grantee, a letter of credit in the <br />amount of $50,000 in a form reasonably acceptable to the Law Director of Grantor <br />