03-10-2025 CC Agenda Packet - Laserfiche WebLink

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AGREEMENT THIS AGREEMENT. made and entered into by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") and CARMAN BAY LAKE IMPROVEMENT DISTRICT, a political subdivision of the State of Minnesota, ("District"). NOW, THEREFORE, IN CONSIDERATION of the mutual covenants and agreements as set forth herein. both parties hereby acknowledge the sufficiency thereof, the City and District agree as folloN%s: 1. INSURANCE. City will add District as a covered part- to all insurance policies held bN the City with the league of Minnesota Cities Insurance Trust. 2. COSTS. The District shalt be responsible for paying any- and all costs associated with its use of the insurance coverages noted above, including, but not limited to. the payment of all deductibles and co -pays for claims against the District and any and all costs above and beyond the insurance coverage limits. 3. LIABILITY. Nothing in this Agreement shall be interpreted to impose any duty or liabilitt onto the City for claims made against the District. The District shall indemnify and hold harmless the ity. its officers, agents. and employees. of and from any and all claims, demands. actions. cause of action, including costs and attorney's tees. arising out of or by reason of the District's ex e ution or performance of its rights. po ers. and duties, and further agrees to defend at its sole costand expense any action or proceeding commenced for the purpose of asserting any claim of whatsciever character arising therefrom. 4. ENTIRE AGREEMENT. This Agreement constitutes the entire agreements between the parties with respect to insurance coverage and the parties agree that there were no inducements or representations leading to the execution ofthis Agreement except as contained herein. IN WITNESS WHEREOF, the Cite and District have approved and executed this :agreement as of"the dates listed below. Dated: c Y,l�____• 2017. CITY OF ORONO By; - -- - aninai nis Nl"alsh. ayor And: Carlson. C it. C ler - 1v4<6s+1 Dated: No i/efi W r! .2017. CARMAN HAY LAKE IMPROVEMENT DISTRICT BY: STr �tr�......,��(S�!t_ Chairman 53