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1989 Ordinances
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1989 Ordinances
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Last modified
2/6/2009 3:41:30 PM
Creation date
6/19/2001 5:02:18 PM
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Ord/Resolutions
Year
1989
Ord/Resolutions - Type
Ordinances
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actually paid. This comfort letter shall be used to <br /> determine the exact amount of payments due the City and to <br /> correct any overpayments or underpayments by Grantee. <br /> <br /> E. In the event any payment is not made on the due <br /> date, interest on the amount due shall accrue from such <br /> date at the ~urrent Prime Rate as determined by Chase <br /> <br /> Manhattan Bank, N.A., until paid. <br /> 10.02 Damages and Defense, <br /> <br /> A. Grantee shall indemnify and hold the City <br /> harmless for any damage or loss to any real or personal <br /> property of the City or any person, and for injury to or <br /> death of any person and any officer, employee or agent of <br /> the City, arising out of or in connection with the <br /> construction, operation, maintenance, repair, or removal <br /> of, or any other action of Grantee with respect to, the <br /> System, any service or related activity, or the <br /> distribution of any service over the System. Grantee <br /> shall, at its own cost and expense, reasonably replace, <br /> repair, or restore all such property to its prior <br /> condition. <br /> <br /> B. The City, its officers, employees and agents <br />shall not be liable for any loss or damage to any real or <br />personal property of any person, or for any injury to or <br />death of any person, arising out of or in connection with <br />the construction, <br />of, <br /> <br /> operation, maintenance, repair or removal <br />or other action or event with respect to the System, <br /> <br />-30- <br /> <br /> <br />
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