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B. 7Le piopetty has(or will aoon have)a backwrter velve in the <br /> sewer line serving d►e Pro�xrty(the"6sck�ta ViM+e'�. <br /> C. 'Ilie Owcer and the Ciry desiro W enta into this Agreanent w <br /> clarify their respaxive roles ttgatding the Backwata Valvc. <br /> AGREEMENT <br /> For good end valuable consi�ion,the receipt and suH'icieocy of which are <br /> hcneby acknowkdgod,tLe City end Owner agree as follows: <br /> A. Mai�teooao[B�ckw�taValre. <br /> 71�e Owner is erzduaivdy nesponable for t6e meintenence of the 8sckwater <br /> Valve. Futme awnas of tMe Pcopetty sxcume the►e.sponsibility for mainte�tbe <br /> Backwaur Valve wtron thcy take rnmaahip of the PropeRy. 7be Owner.on behslf <br /> of itself aod on behalf of all fimQe ov�rt�ers of thc Piopa�ty,release.a the City from ell <br /> claims and liebilides arising fiom or relating to any fnilure to meimein the <br /> Backwater Vdve by the Owcer or by a�y firture oweer of the Propaty, lJpon the <br /> Owner's teque�t,t6e City will provide d�e Owner with educa6onal brochwea aed <br /> other materials rega�ding Beckvveter Valve meintenazke. <br /> B. Citv Ri�tt to Leoed. <br /> 'It�e Owna hetebY 8�P��ssian fot the City to eMer up�m ihe <br /> Property from time to time W inspect the Backwata V alve aod the Property's <br /> otLer plumbing end drainege systcros. This pemtission romains in effiect fur es <br /> long as the Bacl�water Velve remsins inslalled. T6e City may,but hea no <br /> obligation to,perfotm mainteoance on the Bac�water Valve during flkse <br /> inspoctioes. <br /> C. Ofber. <br /> 'Ibe Owuer coava�ta to raoading oft6is Ageemait. Iltis A�roanent nms <br /> with the lend atd bittds ell of the Ovvner's suoces�as-in-intaest. This A�eeemrnt <br /> and ihe Inspection aad Baclovater Valve Agrament aigned by t!►e Ow►xr end the <br /> City contain the enlire egrament between the City and U�e Ovmer relatitig W ihe <br /> IIeckwater Valva No amendment or bermination of this Agreement is effe�xive <br /> unless it is in writing end signed by,the Owner and by tLe Mayor of d�e City. <br /> 1 <br />