721 WETMORE AVE 2022-05-17 - Laserfiche WebLink

B. The Property has (or will soon have) a backwater valve in the sewer line se�ving the Property (ihe "BacRwa�er Vchd�. C. The Owner and the City dcsire to enter into this Agreement to clerify their respecHve roles regarding the Backwater Valve. AGREEMENT For good and valuable considetadon, the icceipt and sufficiency of which are hereby aclrnowledged, the City end Owner agree as follows: A. MRintenance of Bpckwate� Volve. The Owner is exclusively responsible for ihe meintenence of the Beckwater Valve. Future owners of the Properiy essume the responsibility for maintaining ihe Hackwater Valve whm they take owneistiip of the PropcKty. 77ie Owner, on bet�alf of itself end on behelf of all future owners of the PropeRy> releases the City from all claims and liabilities azising from or relating W any failure to meintain lhe Backwater Valve by the Owner or by any future ownec of t6e Property. Upon the Owner's request, the City will provide the Owner with educafional brochures and other materials regardiog Backwater Valve maintenence• g, Cltv Ri¢ht to Inaaect. 'Ihe Owner hereby �ants permission for ihe City to enter upon the properry from time to time to inspect the Backwaler Velve and the Property's other plumbing and drainage systems. This pecmission remains in effect for as long as the Backwata Valva remains installed• The CitY maY. but has no obligation to, perform maintenence on the Backwater Valve during thesc inspections. C. �her. 'li�e Owner conserts to recording of dvs Agieemenl. Tius AgRemrnt tuns with the land aad binds all of the Owner's successois-in-interest 'Chis Agreemeut and the Inspection and Backwater Valve Agrcement signed by the Owner and the City cortain the entire agreement between the City and ihe Owna relating to the Backwater Valve. No amendment ar tecmination of tUis Agrament is effective unless it is in writing and signed by the Owner end by the Mayor of tl�e City.