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II. The Property has (or will soon have) a backwater valve in the <br />sewer line serving the Propc�y (the "Backwater Valve"). <br />C. The Owner and the City desire to enter into this Agreement to <br />clarify tl�eir respective roles regarding the Back�vater Valve. <br />AGREEMENT <br />For good and valuable consideration, the receipt and sufficiency of which are <br />hereby acknowledged, the City and Owner agree as follows: <br />A. Maintenance of Backwater Valve. <br />T'he Owner is exclusively responsible for the maintenance of the B�ckwater <br />Valve. Future owners of the Property assume the responsibility for maintaining the <br />Sackwater Valve witen they take ownersl�ip of the Property. The Owner, on behalf <br />oi itself nnd on behalf of all fuhtre owners of the Property, releases the City from all <br />claims and liabilities arising from or relating to any failure to maintain the <br />Backwater Valve by the Owner or by any future owner of the Property. Upon the <br />O�vner's request, the City will provide the Owner with educational brochures and <br />other materials regazding Backwater Valve maintenance. <br />B. Citv Riaht to Inspect. <br />The OHmer hereby grants permission for the City to enter upon the <br />Property from time to time to inspect the Backwater Valve and the Property's <br />other plumbing and drainage systems. This pertnission remnins in effect for as <br />long as the Backwater Valve remains installed. The City may, but has no <br />obligation to, perform maintenance on the Backwater Valve during these <br />inspections. <br />C. Other. <br />The Owner consents to recording of this Agreement. This Agreement runs <br />with the land and binds all of the Owner's successors-in-interest. This Agreement <br />and the Inspection and Backwater Valve Agreement signed by the Owner and the <br />City contain the entire agreement between the City and the Owner relating to the <br />Backwater Valve. No amendment or termination of this Agreement is effective <br />unless it is in writing and signed by the Owner and by the Mayor of tlie City. <br />�c: ���.,u • ��� �� <br />1 <br />