The developer shall indemnify and save harmless the City 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 hereto or a third person, caused by, growing out of, or in any way whatsoever attributable to, the construction of the improvements and the use of the street delineated on the subdivision plat during the construction.
The developer shall also, but without limiting his or her liability, indemnify the City by carrying comprehensive general liability insurance contracts with a reliable insurance company covering the period of construction in the sum of five hundred thousand dollars ($500,000) all- occurrence coverage and fifty thousand dollars ($50,000) property damage, which insurance contracts shall include the City as a named insured. The developer shall maintain on file with the City during the period of construction, certificates or memoranda of insurance evidencing that such insurance contracts are in force.
(Ord. 1975-28. Passed 4-2-75.)