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HomeMy WebLinkAboutMemo from Bill Nichols interoffice MEMORANDUM To: Mayor Tammy de Weerd, City Council and Doug Strong From: Wm. F. Nichols Subject: Development and License Agreement between the City and MYB/S, Inc. Date: February 24, 2004 Within the attached Development and License Agreement for the above matter, I have made the following revisions: I. All areas throughout the document where "MYBS" appeared has now been changed to reflect "MYB/S, INC." 2. The following language has been added to the paragraph on page 5 dealing with insurance: however the City shall not be relieved hereby from liability for its own negligence or that of its employees. (It is underlined on the agreement so you can locate it easier.) 3. On page 5 in the second paragraph, fourth line down Chapter 8 has been changed to Chapter 9 to correct the statutory reference. 4. On page 7 the address for the MYB/S, INC. has been revised to P.O. Box 55, Meridian, Idaho 83680. That, I believe takes care of all of the revisions. The attorney for MYB/S, INC. requested that language be stricken (the underlined portion) from the insurance clause. The language is as follows: "In addition, "MYB/S INC. shall maintain, and specifically agrees to maintain throughout the term of this AGREEMENT, liability insurance in which "City" shall be named insured in the minimum amount as specified in the Idaho Tort Claims Act set forth in Title 6, Chapter 9 of the Idaho Code. The limits of insurance shall not be deemed a limitation of the covenants to indemnify and save and hold harmless "City"; and if "Citv" becomes liable for an amount in excess of the insurance limits. herein provided. "MYB/S. INC." covenants and agrees to indemnify and save and hold harmless "City" from and all such losses. claims. actions. or judgments for damages or liability to persons or propertv occurring as a result of attending or participating in anv organized "MYB/S. INC." event. game or practice. "MYB/S, INC." shall provide "City" with a certification of insurance. . ." Their attorney commented that Idaho Code §6-926 prevents a judge from entering a judgment in excess of the statutory limits. In spite of the statute, I recommend we leave the language as is and therefore have not changed it. If you have any questions, please contact me. Z:IWorkIMlMeridianlMeridian 15360MIParkslYouth 2KProjectIMaYOlCounciIDoug ParksRec Pevelopmt and license Agmt Memo 02 23 04.dœ