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GRANTOR: VALLEY BIBLE CHURCH APN: 941-1311-35-2 <br /> PROJECT: JOHNSON DRIVE ECONOMIC DEVELOPMENT ZONE PROJECT <br /> extension. If GRANTOR and CITY are unable to reach agreement as to the fair <br /> market value at the time of extension, CITY shall reimburse GRANTOR up to <br /> $5,000 for the cost of an appraisal. Payment shall be made to the GRANTOR for <br /> the extension prior to the expiration of the original TCE period. <br /> E. CITY shall indemnify, defend and hold harmless GRANTOR from and against all <br /> claims, causes of action, damages, liabilities, injuries, actions, costs and expenses <br /> (including reasonable attorneys' fees and costs), arising from or related to CITY's <br /> use of the TICE area, exercise of CITY's rights under this Agreement, or work <br /> performed in connection with the Project. The provisions of the immediately <br /> preceding sentence shall not be applicable to the extent of GRANTOR's <br /> negligence or willful misconduct. <br /> F. Rights of ingress to and egress from the GRANTOR's remaining property shall be <br /> maintained at all times during the construction period. <br /> G. CITY agrees to maintain all improvements it constructs pursuant to the TICE. <br /> GRANTOR shall not be responsible for maintaining such improvements. <br /> 5. CITY Performed Work. All work done under this Agreement shall conform to all applicable <br /> building, fire and sanitary laws, ordinances, and regulations relating to such work, and shall be <br /> done in a good workmanlike manner. All structures, improvements or other facilities, when <br /> removed, and relocated, or reconstructed by the CITY or its authorized agent, shall be left in as <br /> good condition as found. <br /> 6. Indemnification. CITY shall indemnify, defend, and hold harmless GRANTOR from and <br /> against all claims, causes of action, damages, liabilities, cost and expenses (including <br /> reasonable attorney fees and costs), arising from or related to CITY's use of the Property and <br /> exercise of CITY's rights under this Agreement, except as to action, damages, liabilities or costs <br /> due to GRANTOR's negligence or willful misconduct. <br /> 7. Right of Possession and Use. CITY's right of possession and use of the Permanent <br /> Easement and TCE, including the right to remove and dispose of improvements, and install and <br /> connect utilities, shall commence on the date the amount of funds as specified in Section 3.A <br /> herein are deposited into the escrow controlling this transaction. The consideration shown in <br /> Section 3.A includes, but is not limited to, full payment for the possession and use from that <br /> date, including interest and damages if any. <br /> 8. Notice to Successors. If GRANTOR sells, conveys or assigns any property interest <br /> encumbered by this Agreement before the CITY exercises its rights, GRANTOR shall notify the <br /> successor or assignor of the rights and obligations under this Agreement. <br /> 9. Escrow Instructions. GRANTOR authorizes CITY to prepare and file escrow instructions <br /> in accordance with this Agreement on behalf of both parties. <br /> 10. Hazardous Wastes. The acquisition price of the Permanent Easement and TCE being <br /> acquired in this transaction reflects the fair market value of the Property without the presence of <br /> contamination. If the Property being acquired is found to be contaminated by the presence of <br /> hazardous waste which requires mitigation under Federal or State law, the CITY may elect to <br /> recover its clean-up costs from those who caused or contributed to the contamination. <br /> 11. No Leases. GRANTOR warrants that there are no oral or written leases on all or any <br /> portion of the Permanent Easement and TCE exceeding a period of one month. GRANTOR <br /> Page 3 of 6 <br />