The developer shall agree to indemnity and hold harmless the Municipality against and from any and all loss, cost, damage, liability, and expense on account of damage to property of, or injury to or death of, the parties or a third person caused by or in any way whatsoever attributable to the construction of the improvements and the use of streets delineated on a subdivision plat/plan or a development plan during construction. The developer shall further agree, but without limiting its liability to indemnify the Municipality, to carry liability insurance contracts in an amount determined by the Municipality for injury to or death of persons, and for damage to or destruction of property, which insurance contracts shall include the Municipality as a named insured. The developer shall further agree to maintain on file with the Municipality during the period of such construction, certificates or memoranda of insurance evidencing that such insurance contracts are in force.
(Ord. 8-13. Passed 5-14-13.)