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Page 3 of 6 <br /> <br />limited duty to defend and indemnify each other subj ect to the limits of lia bility under Minnesota <br />Statutes, Chapter 466. The purpose of creating this duty to defend and indemnify is to simplify the <br />defense of claims by eliminating conflicts among the parties and to permit liability claims against both <br />parties from a single occurrence to be defended by a single attorney. <br /> <br /> 12. Project Property Ownership. Upon completion of the Projec t, all property utilized in <br />connection with the Project shall be the property of the City, and the CRWD shall have no interest in or <br />claim thereto. <br /> <br /> 13. Term. This Agreement shall be effective as of the last date of signature of the parties below. <br />This Agreement shall expire and be of no further force or effect upon comple tion of the Project, except <br />that the provisions of paragraphs 7 and 12 shall survive expiration of the Agreement. <br /> <br /> <br /> <br />CAPITOL REGION WATERSHED DISTRICT <br /> <br /> <br />By: __________________________ <br /> President Date <br /> <br /> <br />Recommended for Approval: <br /> <br />By: __________________________ <br /> Administrator Date <br /> <br />Approved as to Form: <br /> <br />By: __________________________ <br /> Date <br /> <br /> <br /> <br /> <br />