Franchisee shall indemnify any affected property owner for any reduction or diminution in value in real property occasioned by an environmental condition or release found to be the result of franchisee's use and operations of its facilities and the exercising of the rights granted under this franchise. Diminution in property value shall be determined by an independent appraiser. The selected appraiser shall not be a party to a contract between the franchisee or property owner. The selected appraiser shall be licensed with the California Office of Real Estate Appraisers.
(Ord. 1152, passed 5-17-11; Am. Ord. 1159, passed 5- 1-12; Am. Ord. 1160, passed 5-1-12)