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96-031 Ordinance
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96-031 Ordinance
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Last modified
1/28/2014 10:10:53 AM
Creation date
1/17/2014 11:01:55 AM
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North Olmsted Legislation
Legislation Number
96-031
Legislation Date
2/21/1996
Year
1996
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<br />4. At all times during the period in which this Revocable Licensing Agreement shall <br />be in effect, the Homeowners' Association shall indemnify and -hold harmless the City from any <br />and all liability whatsoever which may arise as a result of the placement and/or maintenance of <br />the entranceway sign within the City's right-of-way; provided, however, the indemnity of the <br />Homeowners' Association shall not extend to any liability resulting in whole or in part from the <br />negligent or intentional acts or omissions of the City or its employees, agents or contractors. <br />Further, the Homeowners' Association shall, at its sole expense, maintain insurance coverage <br />with an insurer authorized to transact business in the State of Ohio in a face amount of not less <br />than One Million Dollars ($1,000,000.00), naming the City as an additional insured, and <br />covering all risks identified above. If requested, the Homeowners' Association shall semi- <br />annually submit evidence of such coverage, naming the City as an additional insured, to the <br />City, a copy of which shall appear as an exhibit to this agreement. • <br />L\ 7?I.il .ia.? . ... _ _ i..: Y:a:..t?'i? "-c ?r •.a.w?-w '-. • .. _ ?. ?. • ' / . _:.' 4:=V <br />•1.sV ?1V...r? G~ `. <br />and date first above written. <br />CITY OF NORTH OLMSTED SANDY RIDGE HOMEOWNERS' ASSOCIATIO?QT <br />a non-profit corporation <br />2 2 BY : <br />e4?j'e6nd=eeley, Edward yl , ar President
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