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B, The Property has (or �vill soon have) a backwater valve in the <br />sewer line serving the Property (the "Backwaler Valve"). <br />C. The Owner and the City desire to enter into this AUreement to <br />clarify their respective roles regazding the Backwater 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 />The Owner is exclueively responsible for the maintenance of the Backwater <br />Valve. Future owners of the Property assume the responsibility for maintaining the <br />Backwater Valve when they take ownership of the Property. The Owner, on behalf <br />of itself and on behalf of all future 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 />Owner's request, the City will provide the Owner with educational brochures and <br />otl�er materials regarding Back�vater Valve maintenance. <br />B. Citv Rieht to Insoect. <br />The Owner 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 permission remains 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 Buckwater Valve during these <br />inspections. <br />C. Othcr. <br />The Owner consents to recording of ihis Agreement. This Agreement nu�s <br />witU the land and binds all of the Owner's successors-in-interest. This Agreement <br />and tl;e Inspection and Backwater Valve Agreement signed by the Owner and the <br />City contain the entire agreement bet�veen the City and the O�vner relating to the <br />Backwater Valve. No amendment or terniination of this Agreement is effective <br />unless it is in writing u�d signed by the Owner and by the Mayor of the City. <br />