RecDoc 2019-109321 - Laserfiche WebLink

Browse Search

and accepted subject to the covenants, reservations, and restrictions expressed in this Contract regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed or other instrument. City and Owner hereby declare their understanding and intent that the burden of the covenants, reservations and restrictions set forth herein touch and concern the land in that Owner's legal interest in the Historic Property is rendered less valuable thereby. City and Owner hereby further declare their understanding and intent that the benefit of such covenants, reservations and restrictions touch and concern the land by enhancing and maintaining the historic characteristics and significance of the Historic Property for the benefit of the public and Owner. 9. Binding On Successors In Interest. All of the Contracts, rights, covenants, reservations and restrictions contained in this Contract shall be binding upon and shall inure to the benefit of the parties herein, their heirs, successors, legal representatives, assigns and all persons acquiring any part or portion of the Historic Property, whether by operation of law or in any manner whatsoever. 10. Indemnification. Owner shall indemnify, defend, and hold harmless the .City of Redwood City and all of its boards, commissions, committees, departments, agencies, agents and employees (for purposes of this Section 10, individual and collectively, "City") from and against any and all liabilities, losses, costs, claims, judgments, settlements, damages, liens, fines, penalties and expenses incurred in connection with or arising in whole or in part from: (a) any accident, injury to or death of a person, loss of or damage to property occurring in or about the Historic Property; (b) the use or occupancy of the Historic Property by Owner, Owner's Agents or Invitees; (c) the condition of the Historic Property; (d) any construction or other work undertaken by Owner on the Historic Property; or (e) any claims by unity or interval owners for property tax reductions in excess of those provided for under this Contract. This indemnification shall include, without limitation, reasonable fees for attorneys, consultants, and experts and related costs that may be incurred by City and all indemnified parties specified in this Section REV: 10-07-19 PR / MAI. 7!1'10 7R 411 --. 1. 0;n--- N -1-11..f.......... 7 ..f A A\