HomeMy WebLinkAbout1st Interstate bank parking lot use meridian main street marketFacility Use and Indemnification Agreement
This Facility Use and Indemnification Agreement ("Agreement") made and entered into this &day of
2019, by and between City of Meridian ("City"), and First Interstate Bank, a Montana state -
chartered bank ("Bank"). City and Bank are sometimes collectively referred to herein as the "Parties."
RECITALS
A. Bank owns a parking lot located adjacent to their branch located at 30 E. Broadway Avenue,
Meridian, Idaho ("parking lot"); and
B. City has requested permission from the Bank to use the parking lot for its residents attending
the Farmer's Markets and the Bank has approved the use of the parking lot under the terms and
conditions set forth herein; and
C. To the extent allowed by law, City has agreed to hold the Bank harmless and indemnify Bank
from any and all liability claims arising from the City's use or the City's resident's use of the
parking lot.
In consideration of the above recitals and other good and valuable consideration, the receipt of which is
hereby acknowledged, and to the extent allowed by law, the Parties agree as follows:
Recitals. The above Recitals are true and correct and are incorporated into this Agreement.
Liability. The Parties agree that the Bank shall not be responsible for any damage or injury that
may happen to the City's residents or to the agents, employees, volunteers, invitees, guests,
patrons, or any other person, from any cause whatsoever, arising from the use of the parking
lot.
3. General Release. In consideration for First Interstate Bank's permission to use the parking lot,
the City, hereby agrees to fully indemnify First Interstate Bank, its affiliates, successors and
assigns, officers, employees, representatives, partners, and agents (collectively the "Indemnified
Parties") against any and all claims, actions, lawsuits, damages, and judgments, including
attorney's fees, arising out of or relating to the City's use of the Bank parking lot.
City of Me ri
By: Tam /Weercl
Its: Mayor
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