Laserfiche WebLink
contract, deed or other instrument hereinafter executed, covering or conveying the Historic <br />Property, or any portion thereof, shall conclusively be held to have been executed, delivered <br />and accepted subject to the covenants, reservations, and restrictions expressed in this Contract <br />regardless of whether such covenants, reservations, and restrictions are set forth in such <br />contract, deed or other instrument. <br />City and Owner hereby declare their understanding and intent that the burden of the <br />covenants, reservations and restrictions set forth herein touch and concern the land in that <br />Owner's legal interest in the Historic Property is rendered less valuable thereby. City and <br />Owner hereby further declare their understanding and intent that the benefit of such covenants, <br />reservations and restrictions touch and concern the land by enhancing and maintaining the <br />historic characteristics and significance of the Historic Property for the benefit of the public and <br />Owner. <br />9. Binding On Successors In Interest. All of the Contracts, rights, covenants, <br />reservations and restrictions contained in this Contract shall be binding upon and shall inure to <br />the benefit of the parties herein, their heirs, successors, legal representatives, assigns and all <br />persons acquiring any part or portion of the Historic Property, whether by operation of law or in <br />any manner whatsoever. <br />10. Indemnification. Owner shall indemnify, defend, and hold harmless the City of <br />Redwood City and all of its boards, commissions, committees, departments, agencies, agents <br />and employees (for purposes of this Section 10, individual and collectively, "City") from and <br />against any and all liabilities, losses, costs, claims, judgments, settlements, damages, liens, <br />fines, penalties and expenses incurred in connection with or arising in whole or in part from: (a) <br />any accident, injury to or death of a person, loss of or damage to property occurring in or about <br />the Historic Property; (b) the use or occupancy of the Historic Property by Owner, Owner's <br />Agents or Invitees; (c) the condition of the Historic Property; (d) any construction or other work <br />undertaken by Owner on the Historic Property; or (e) any claims by unity or interval owners for <br />property tax reductions in excess of those provided for under this Contract. This indemnification <br />REV: 09-28-2020 PR <br />