2026-014 Ordinance - Laserfiche WebLink

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Section 9.13 Indemnification. The City assumes no liability for the actions of the Developer under this Agreement. The Developer agrees to fully indemnify and hold harmless the City against any and all liability, loss, damage, or expense, including without limitation, reasonably attorneys fees, which the City may sustain or be required to pay as a result of any knowingly wrongful or negligent acts of the Developer in performance of its services and obligations under this Agreement. The Developer agrees that in order to protect itself as well as the City under the indemnification provision set forth above, it will obtain and keep in full force and effect at all times during the term of this Agreement, a liability insurance policy issued by a company authorized to do business in the State of Ohio and approved by the City with liability coverage in the amount of $ . Said policy shall name the City as an additional insured. The obligation of the Developer under this paragraph shall survive the termination of this Agreement. Section 9.14 Recording. A memorandum of this Agreement, acceptable to the City and Developer, shall be recorded in the land records of Cuyahoga County, Ohio. Section 9.15 Agreement Runs with the Land. All of the provisions, terms, covenants, and obligations contained in this Agreement shall be binding upon the parties and their respective heirs, successors and assignees, and all other persons acquiring all or a portion of the Development Site, whether by operation of law or in any matter whatsoever. Section 9.16 Provisions Not Merged With Deed. None of the provisions of the Agreement are intended to or shall be merged by reason of any deed transferring title to or from the City to Developer or any successor in interest, and any such deed shall not be deemed to affect or impair the provisions and covenants of this Agreement. Section 9.17 Citv Approvals. Any provision of the Agreement requiring the approval of the City, satisfaction or evidence of satisfaction of the City, or certification or opinion of the City, shall be interpreted as requiring action by the Mayor granting, authorizing, or expressing such approval, satisfaction, certification, or opinion, as the case may be, unless such provision expressly provides otherwise, or unless authorization for such approval is required by the City Council under applicable law. Section 9.18 No Partnership. This Agreement does not and may not be construed to create a partnership or joint venture between the City and Developer. [Signature pages follow] -13- 19575939-4