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19-Deliberate and act on a resolution approving the execution of a Reciprocal Easement Agreement between the City of Paris and William De.G. Hayden
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19-Deliberate and act on a resolution approving the execution of a Reciprocal Easement Agreement between the City of Paris and William De.G. Hayden
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CITY CLERK
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19
Doc Type
Agenda
CITY CLERK - Date
1/25/2010
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exceeding fifty percent (50%) of the area of such access point and/or drive, or <br />the owner of Parcel Two may wholly close off one of the two (2) current access <br />points and/or drive leading to or from Parcel Two as shown on Exhibit A, <br />provided the other current access point and/or drive leading to Parcel One is kept <br />wholly open. <br />7. Hayden and any subsequent owner of Parcel One shall defend, indemnify and <br />hold any other owner harmless from any claims, damages and/or judgments made <br />by any third party arising out of or resulting from any occurrence within or upon, <br />or pursuant to the use of, the cross easement of Parcel One subject to the <br />easement. To the extent authorized by law, the City and any subsequent owner <br />shall defend, indemnify and hold any other owner harmless from any claims, <br />damages and/or judgments made by any third party arising out of or resulting <br />from any occurrence within or upon, or pursuant to the use of, the cross easement <br />on Parcel Two subject to the easement. The indemnities and duties to defend shall <br />apply for the benefit of the owner of Parcel Three, their tenants, guests, invitees, <br />successors and assigns. Provided, however, nothing stated in this section shall be <br />interpreted as a waiver of the City's sovereign or governmental or official <br />immunity. <br />8. The owners of all the Parcels shall not place or erect any fence, barrier, or other <br />obstruction on the easement between the Parcels. <br />9. This easement may be signed in counterparts, each of which shall be deemed an <br />original, but all of which shall constitute but one document. <br />10. The Museum is a third-party beneficiary of this Cross Easement Agreement and <br />is entitled to enforce its provisions so long as it is a tenant of or as subsequent <br />owner of Parcel Three. Nothing in this agreement shall be deemed or construed <br />by any parry or by a third person to create the relationship of principal and agent, <br />or of limited or general partners, or of joint venturers, or of any other association <br />between the parties. <br />11. Any breach of this easement may be enforced by a remedy of specific <br />performance (or other equitable remedy) as well as damages. The prevailing <br />parry will be entitled to an award of attorney's fees and costs. The determination <br />of the prevailing parry and amount of fees and costs awarded shall be set by a <br />court. No waiver of any default of any obligation by any parry hereto shall be <br />implied from any omission by the other parry to take any action with respect to <br />such default. In addition to all other remedies available at law or in equity, upon <br />the failure of a defaulting Owner to cure a breach of this Agreement within thirty <br />(30) days following written notice thereof by an Owner or the Museum (unless, <br />with respect to any such breach the nature of which cannot reasonably be cured <br />within such 30-day period, the defaulting Owner commences such cure within <br />such 30-day period and thereafter diligently prosecutes such cure to completion), <br />the Museum or any Owner shall have the right to perform such obligation <br />~ (J0L19i <br />
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