CCP 05-10-1999 - Laserfiche WebLink

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'. < e 6, In the event that the signal system is removed for any reason from the aforementioned intersection, the physical equipment shall become the property of the County, excluding County furnished materials, subject to a prorated credit to the City based on a ten (10) year life expectancy. Such credit to be made on the basis of the County's policy for Traffic Signal Systems, County Board Resolution 81-1001, which represents two thirds (66,67) percent of the total cost to construct the traffic signal, In the event that the County elects to return such equipment to the City within said ten (10) year period, the equipment shall become the property of the City and no credit to be made to either party, Any equipment or materials furnished to the project by the County shall be excluded from this prorated credit and returned to its owner. 7, Participation of the parties hereto shall not be considered as fulfilling any requirements in future construction, upgrading and revisions of any type to the traffic signal at this location. Future work will be in accordance with the policy for Traffic Control Signal Systems or subsequent revisions thereto, County Board Resolution 81-1001. 8. Any and all persons engaged in the maintenance work to performed by the County shall not be considered employees of the City, and any and all claims that may arise under the Worker's _ Compensation Act of this State on behalf of those employees so engaged, and any and all claims _ made by any third party as a consequence of any negligent act or omission on the part of those employees so engaged on any of the work contemplated herein shall not be the obligation and responsibility of the City, 9, The City and the County agree to indemnifY each other and hold each other harmless from any and all claims, causes of action, lawsuits, judgments, charges, demands, costs and expenses including, but not limited to, interest involved therein and attorneys' fees and costs and expenses connected therewith, arising out of or resulting from the failure of the City or County to satisfY the provisions of this agreement or for damages caused to third parties as a result of the manner in which the appropriate City or the County perform or fail to perform duties imposed on the City or the County by the terms of this agreement. Nothing herein shall constitute a waiver by any party of any limitations ofliability provided by Minnesota Statutes Chapter 466 or other applicable law. e 99002 - 2